Answer:
d. Debit advertising expense $350, credit accounts payable $350
Explanation:
The advertising expense should be recognized when the economic event occurs, in this case recibing the bill, independently of its payment. This is done with a debit because expenses increase by debits. The credit account is a liability: account payable, which represents an increased on liabilities.
Change what I write. Your teacher knows your style.
One
People,especially teens, deal with this problem all the time. They may be poor and have to deal with clothing or even cleanliness issues. Who can afford 80 dollar designer jeans? Not everyone. Who can pay attention to makeup when you've had 3 meals in 3 days? That has to affect the way you look at the world. Even if money is not an issue, class is. There are always kids who pick on others because they can't fit in. If a person is lucky, their response is sports or something else that they excel at.
Two
Everyone experiences stress. Money, exams, dates for important events, clothes, acceptance, parents (if you're a teen), teens (if you are a parent), using the family car responsibly can all contribute to stress. People under severe stress respond differently. Some become short tempered. Some become lethargic. Some turn to drugs which have their own set of symptoms, depending on the drug. One thing is for sure: people on drugs change dramatically. It's unmistakable.
Four
Well this is pretty personal, especially if you've written on it before. A great coping mechanism is prayer for some people. It really doesn't matter who hears you, or what you say or how you say it. It only matters that you stay still and do it. The main thing is to try and shut yourself down while the stress is at it's highest point. Many older people are really stressed out by health. That especially requires quite times. Stop worrying is another way of coping. Most of the time worry does no good at all. Things causing stress will go away or they won't. Worry isn't going to bring things about any quicker or better.
Answer:
c. May be able to avoid liability to the extent she had no reason to know of the deficiency (and did not have actual knowledge) when filing the return. The burden of proof will be on her.
Explanation:
The doctrine of <em>innocent spouse relief</em> might apply here. Mrs. Jones will have to prove that:
- the income that was omitted was earned by her husband, not her.
- she must prove that when she signed the tax filings, she was not aware of the omission.
- after examining all the facts surrounding the omission, the IRS must decide that blaming her would not be fair.
<span>The owners of a corporation don't have to work together to make all of the business decisions.
</span>An advantage of corporations enjoy over partnerships is that the owners of a corporation don't have to work together to make all of the business decisions, while this is true for partnership. Partnership<span> generally has more money to invest in starting or expanding a business.</span>
three common types of federal taxes are :
1. income tax
2. Property tax
3.Sales tax