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3 years ago

If you are creating a business what expenses should you include

1 answer:

3 0

1. keep a good track record of business expenses.

2. know which expenses can be deducted.
(THE FOLLOWING 3-9 ARE FULLY DEDUCTIBLE EXPENSES!!)
3. Fees, dues, and subscriptions.

4. Advertising, marketing, and promotion.

5. Labor.

6. Benefits, continuing education, or training.

7. Other insurance.

8. Office equipment and supplies.

9. Rent, Utilities, and Phones.

10. (These could be deductible )
Gifts, Meals, and Entertainment.

11. SPLIT PERSONAL AND BUSINESS EXPENSES

12. Home office, and mileage.

I hope i could help! good luck :)

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What was the major problem faced by the earliest formal American police departments

frosja888 [35]

Many people believed that a police department should be formed by the citizens and not controlled by the government.

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4 years ago

If the natural rate of unemployment is 5.2 percent and the actual rate of unemployment is 5.7 percent, then by definition there

Llana [10]

<span>If the actual rate is higher than the natural rate, the economy is in a recession (also know as a slump).

... by definition there is a recession.</span>

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3 years ago

Issued a cheque of rs. 39000 to Saurya stores in full settlement. <br>journal entry

Semmy [17]

Answer:

When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.

You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.

Date Account Title Debit Credit

XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000

Cash Rs. 39,000

4 0

3 years ago

The shareholders’ equity for the Fiesta Foods, Inc. on December 31, 2010 follows: 12% Preference share capital, P100 par, 20,000

fiasKO [112]

Answer:

26.65

Explanation:

The computation of the book value of an ordinary share is shown below

But before that the following calculations to be done

Balance for equity shares is

= Total shareholder equity - dividend paid to preference shareholders - redemption of preference shares

= 8,250,000 - (20,000 × 100 × 12% ×3) - (20,000 × 110)

= 8,250,000 - 720,000 - 2,200,000

= 5,330,000

And, the number of shares is 200,000

So, the book value of the ordinary share is

= 5,330,000 ÷ 200,000

= 26.65

6 0

3 years ago

The Fed purchases $200 worth of government bonds from the public. The reserve requirement is 8 percent, people hold no currency,

jolli1 [7]

Answer:

The correct answer is $2,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

Deposits = $200

Reserve requirement ratio = 8%

So, we can calculate the Increase in money supply by suing following formula:

Increase in money supply = Deposit ÷ Reserve requirement ratio

By putting the value, we get

= $200 ÷ 0.08

= $2,500.

4 0

3 years ago