This means that you should wait a particular amount of time until your tax return will be processed. It could be 1 hour or 4-5 days. It happens when your tax return is being processed in manual mode. Or it could be a glitch in a software they use. In that case you should ask them to process your tax return manually.
I think your answer would be B: Journal.
Adjusting entries are journal entries recorded at the end of an accounting period to alter the ending balances in various general ledger accounts. These adjustments are made to more closely align the reported results and financial position of a business with the requirements of an accounting framework, such as GAAP or IFRS. This generally involves the matching of revenues to expenses under the matching principle, and so impacts reported revenue and expense levels.
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Answer:
D. 12.32 percent
Explanation:
Calculation for the expected return on a portfolio
Expected return on a portfolio =[$9,750/($9,750 + 4,520)](.108) + [$4,520/($9,750 + 4,520)](.156)
Expected return on a portfolio =[$9,750/$14,270)](.108) + [$4,520/$14,270](.156)
Expected return on a portfolio =0.07379+0.04941
Expected return on a portfolio = .1232*100
Expected return on a portfolio =12.32%
Therefore the expected return on a portfolio will be 12.32%