Answer:
D. realistic job preview
Explanation:
Jorge appreciated that the hiring manager took the time to provide a realistic job preview
Answer:
The correct answer is e. a. and b.
Explanation:
Capital assets are assets of a permanent nature used in the production of income, such as machinery, buildings, equipment, land, etc. It must be distinguished from inventory.
Painting is a capital asset, but it is also a personal use activity asset sold at a loss. The loss is not deductible.
Answer and Explanation:
The computation is shown below;
1-a
Current liabilities:
Acccounts payable $54,000
Income tax payable $15,000
Liability for withholding taxes $1,000
Rent revenue collected in advance $11,000
Wages payable $11,000
Property tax payable $7,000
Note payable $13,000
Interest payable $700
Current liabilities $112,700
1-b
Total assets $530,000
Less: Non Current assets $306,000
Current assets $224,000
Less: Current liabilities - $112,700
Working capital $111,300
2.
In the case when the company reported $250,000 as the contingent liability so it should not be impacted as they are not yet recorded