1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DiKsa [7]
3 years ago
11

A village levied property taxes of $910,000 for calendar year 2019 on january 1, 2019 and immediately set up an allowance of $10

,000 for uncollectible taxes. The village collected $870,000 in cash during 2019. It expected to collect $22,000 of the unpaid taxes during the first 60 days of 2020 and an additional $8,000 during the rest of 2020. How much should the village recognize as property tax revenues in its 2019 general fund financial statements?
Business
1 answer:
Phoenix [80]3 years ago
6 0

Answer:

The answer is $870,000.  

Explanation:

Land assessment and property charge are similar things. The IRS utilizes the expression "land assess", however the vast majority call it "property impose". Property (land) impose is charged on steady property. Land structures that are forever appended to the ground, for example, a house, building, or land. In the event that your loan specialist set up an escrow represent your home loan, every month you'll additionally make an escrow installment to cover your property assessments and mortgage holders protection. Your loan specialist will store this sum into your escrow account and will pay for both of these things for your benefit when they are expected.

You might be interested in
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes
Nina [5.8K]

Answer:a.Total manufacturing costs for Job 313 =$52,500

Unit Product Cost for Job 313=$30

Explanation:

Total manufacturing costs=Direct materials+Direct labor costs+Overhead costs

But Overhead cost =115% of direct labor cost

= 115% x $10,600

=$12,190

Total manufacturing costs =$29,710 + $10,600+$12,190

=$52,500

Unit Product Cost=Total Manufacturing costs/ Total Number of Units Produced =$52,500 /1,750 units

=$30

8 0
3 years ago
A ________ is a network of activities for accomplishing a business function.
xeze [42]

Answer:

busness process

Explanation:

3 0
2 years ago
Nick and Beth run a catering business in which they have two major tasks: getting new clients and preparing food for events and
Burka [1]

Answer:

NICK

NICK

2

Explanation:

A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Nick prepares food in 8 hours while Beth produces the food in 12 hours. ick thus has an absolute advantage in food preparation because he produces food in less time

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

Opportunity cost of Nick in food preparation = 4/8 = 0.5 hours

Opportunity cost of Beth in food preparation = 3 / 12 = 0.25 hours

Nick has a comparative advantage in food preparation

3 0
3 years ago
assume the economy can produce either sports utility vehicles (suvs) or minivans. the graph below depicts the current production
Margaret [11]

The quantity of minivans quantity of SUVs ppf this is an example of Economic growth.

Even as the term SUV can be carried out to large automobiles, such as the Range Rover, Chevrolet Suburban, and Jeep-like SUVs, it may additionally observe to smaller cars that do not have four-wheel drive and feature a minimal capability of going off-road just like the Honda CRV and crossover SUVs.

SUV or recreation software car is a category of vehicles owning capabilities that make it appropriate for both on-street and stale-avenue riding. some of the latter talents that SUVs commonly have are better ground clearance, 4-wheel drive, and auxiliary utilitarian features such as roof rails.

Learn more about SUVs here: brainly.com/question/16796666

#SPJ4

5 0
1 year ago
Which utility tool would you least expect a support agent to find useful in a network support situation?
xxMikexx [17]
<span>i would say a Device Driver Scan and Update</span>
8 0
3 years ago
Other questions:
  • The belief that successful performance will result in some outcome(s) is known as:
    7·1 answer
  • HELP ME PLEASE!!!!!!!!!!!!
    7·2 answers
  • Hannibal Steel Company has a Transport Services Department that provides trucks to haul ore from the company’s mine to its two s
    7·2 answers
  • How would you describe Ghosn’s style of leadership?
    11·1 answer
  • Larger vehicles tend to have longer stopping distances than other vehicles because ____
    5·1 answer
  • The profit margin on an item the company sells can best be defined as:
    13·1 answer
  • In two to three sentences, explain online banking and its purpose.
    7·2 answers
  • Culver Corporation was organized on January 1, 2022. It is authorized to issue 22,800 shares of 6%, $50 par value preferred stoc
    12·1 answer
  • A company's Income Tax Payable account decreased from $14 million to $12 million during the year. If its income tax expense was
    14·2 answers
  • The upward-sloping portion of the long-run average cost curve is a result of:.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!