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raketka [301]
3 years ago
12

Chad has received the following income and benefits during the current year: $65,000 salary, $4,800 employer-provided health ins

urance, $1,500 municipal bond interest, $2,000 dividend income, $500 from a partnership, and a $10,000 judgment for lost wages due to an age discrimination lawsuit. What amounts should Chad include in his gross income? (Check all that apply.)a. $2,000 dividend incomeb. $500 partnership incomec. $4,800 health insuranced. $1,500 municipal bond intereste. $10,000 judgementf. $65,000 salary
Business
1 answer:
Alenkasestr [34]3 years ago
5 0

Answer: The correct answers are "a. $2,000 dividend income", "b. $500 partnership income", "e. $10,000 judgement" and "f. $65,000 salary".

Explanation: Chad must include:

dividend income  2000

partnership income  500

judgement  10000

salary 65000

Total: 77500.

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Answer:

Option "B" is the correct answer to the following question.

Explanation:

Price-setters is a community or individual, who set a fair price for a particular commodity or product, these types of Individual or community has a higher quality of goods or product that gave him the ability to set his prices.

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On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014. Naughton Ltd. does not
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Answer:

There is no entry to be made on April 17, 2014

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Following The accrual principle - an accounting concept that requires accounting transactions to be recorded in the time period in which they actually occur, rather than the period in which the cash flows related to them occur or the transaction are received.

On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014 and the delivery does not occur yet on that day. I should be occur in May 2014.

Therefore, there is no entry to be made on April 17, 2014. In May, when the company finish delivering, the entry would be made:

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A small private college situated in a rural geographic setting, a research lab at a bio-tech company and an attorney could all b
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Answer:

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Explanation:

When a company wants to sell its product in the market , it is very important for them to understand who their target market or target audience are, because these are the people who are in interested in buying company's product not everyone in the market. So it becomes very important for the company to identify who their target audience are and to make a connection with them, so that they can be influence in to buying the company's product.

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