Answer:
Accrual Principle
Explanation:
The accrual principle is when a transaction is recorded in the time period that it occurs. In this case, recording a Friday transaction on Friday.
Answer:
In the year 2020 --- Not taxable Hence -Nil
In the year 2050----Taxable. Hence $5000
Explanation:
Assumed that the tax payer purchased the annuity from Tax paid Income'.
In this case the tax payers income of $5000 is partly taxable . That is the percentage of the payment that's considered a return on your initial investment will not be taxable. the rest, which is your gain on the investment, will be taxed. In this case for the first twenty years($100000/$5000) =20 years will not be taxable. Hence
In the year 2020 --- Not taxable Hence -Nil
In the year 2050----Taxable. Hence $5000
Answer:
association
Explanation:
Based on the information provided within the question it can be said that in this scenario your online face has an association. Meaning that people associate your online face to an accomplished and certified trainer with years of experience. Therefore when someone see's your face that is the first thing that is going to come to mind.
