<span> Revenue </span>accounts or <span>Expense </span><span>accounts</span>
In order for us to keep up with the advancements of other countries, ARPA was created to lead computing research, which then led to the creation of the first wide area network.
This is further explained below.
<h3>What is
a wide area network.?</h3>
Generally, A telecommunications network that is spread out across a vast geographical region is known as a wide area network (WAN). Frequently, leased telecommunication circuits are utilized in the process of establishing wide area networks.
In conclusion, ARPA was established to take charge of computer research so that the United States could keep up with the technological achievements of other nations.
This eventually resulted in the development of the very first wide area network.
Read more about the wide area network.
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Answer:
<u>b. Sales tax in a state with no income tax</u>
Explanation:
- Under the laws of the united states, itemized deductions are eligible expenses that an individual taxpayer can claim on federal income if available.
- Based on there taxable incomes the taxes can be deduced and the sales taxes with no income tax do not come under the deductible tax.
- The list of expenses can also be itemized by there are limited to the tax year.
Answer:
The number of people finding jobs equals the number of people losing jobs.
Explanation:
Unemployment rate can be defined as the percentage of unemployed workers that are present in the the labor force. The Labor force of a country comprises of both employed and unemployed individuals that are present in the country. Unemployment rate can also be described as the percentage of the total workforce of a country that is yet to be gainfully employed.
High unemployment rate poses an adverse effect on the economy, it leads to an increase in crime rate this is due to the fact that unemployed individuals have no source of income to take care of their respective families and as such have to turn to the life of crime inorder to earn money.
Answer:
3,000
Explanation:
As the income will be taxed at 25% the income tax liability will be for that amount
12,000 x 25% = 3,000
The tax deferred liability is generated from a temporary difference. The company is paying less income tax today but will pay more in the future. Hence there is a liability.
The accounting reason for this treatment is to match expenses with the time they occur or the revenues which generated.
