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
stealth61 [152]
2 years ago
15

Ying pays $300 of investment interest related to her investments. The interest is not directly related to any particular investm

ent owned by Ying. She owns $40,000 worth of municipal bonds that pay her $2,400 in interest and $20,000 worth of bonds that pay her taxable interest of $2,000. Ying allocates the investment fees based on the fair market value of the securities. The allocation between the nondeductible portion of the fee and the deductible portion is:
Business
1 answer:
anygoal [31]2 years ago
4 0

Answer:

yeet

Explanation:

You might be interested in
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $7,400 cash and
adelina 88 [10]

Answer:

Pose-for-Pics

1. T-accounts:

Cash

Date     Account Title               Debit     Credit

Aug. 1   Common stock       $7,400

Aug. 2  Prepaid insurance                   $3,000

Aug. 5  Office supplies                             970

Aug. 20 Photography Fees   4,231

Aug. 31 Utilities                                         765

Aug. 31 Balance                                  $6,896

Common Stock

Date     Account Title        Debit     Credit

Aug. 1   Cash                                 $7,400

Aug. 1   Photography equipment 34,400

Aug. 31 Balance             $41,800

Photography Equipment

Date     Account Title        Debit     Credit

Aug. 1   Common stock    $34,400

Prepaid Insurance

Date     Account Title        Debit     Credit

Aug. 1   Cash                   $3,000

Office Supplies

Date     Account Title        Debit     Credit

Aug. 1   Cash                    $970

Photography Fees

Date      Account Title        Debit     Credit

Aug. 20 Cash                                 $4,231

Utilities Expense

Date     Account Title        Debit     Credit

Aug. 31 Cash                    $765

2. Trial Balance

As of August 31

Account Title          Debit     Credit

Cash                     $6,896

Common stock                   $41,800

Equipment           34,400

Prepaid insurance 3,000

Office supplies         970

Photography fees                  4,231

Utilities expense      765

Totals                $46,031   $46,031

           

Explanation:

Before transactions are posted to the T-accounts (General Ledger) they are recorded in the General Journal.  The T-accounts summarize the transactions into various ledger accounts.  Periodically, the accounts are balanced and a trial balance is extracted to check if the posting is error-free.

6 0
2 years ago
In this statement, which type of spending is President
sineoko [7]

<u>Answer: </u>Option 2 discretionary

<u>Explanation:</u>

Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.

In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.

7 0
3 years ago
Read 2 more answers
The December 31, 2015, balance sheet of Maria’s Tennis Shop, Inc., showed current assets of $1,105 and current liabilities of $9
IrinaK [193]

Answer:

$165

Explanation:

The working capital of organization is the difference between the current assets and the current liabilities of the organization. It shows if a company has enough short term assets or asset that can be converted quickly to cash to settle obligations that will arise in the short term.

Working capital as at December 31, 2015

=$1,105 - $915

=$190

Working capital as at December 31, 2016

=$1,320 - $955

=$365

Change in working capital in 2016

= $365 - $190

= $165

5 0
3 years ago
The u.s. dollar exchange rate increased from ​$0.960.96 canadian in june 2011june 2011 to ​$1.031.03 canadian in june 2012june 2
Artemon [7]
Given that <span>the U.S. dollar exchange rate increased from $0.96 Canadian in June 2011 to ​$1.03 Canadian in June 2012​, and it decreased from 81 Japanese Yen in June 2011 to 78 Japanese Yen in June 2012.

Between June 2011 and June 2012​, the U.S. dollar​ appreciated against the Canadian dollar.

Between June 2011 and June 2012​, the U.S. dollar​ depreciated against the Japanese Yen.</span>
8 0
3 years ago
Which of the following is NOT a factor in preparing to be the best professional possible?
bija089 [108]

Answer:

a) signing the most lucrative contract you can upon graduation

Explanation:

A best professional should be deal with a person who earned from their professional activity. It is always be in benefit of a public interest and the society at a whole

Here in the given situation, the option B, C and D denotes the best professional but option A is not a factor as you cant get the lucrative contract when you are on graduation level

Therefore the same is to be considered

5 0
2 years ago
Other questions:
  • Hawke Skateboards is considering building a new plant. Bob Skerritt, the company's marketing manager, is an enthusiastic support
    14·1 answer
  • Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $624,0
    15·2 answers
  • The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following
    14·1 answer
  • 6. What does "qualified" mean in the context of a workshop comment?
    15·1 answer
  • You believe you will need to have saved $590,000 by the time you retire in 30 years in order to live comfortably. If the interes
    7·2 answers
  • Philip oversees the processes of the research and development department of his company. He is responsible for all of the activi
    6·2 answers
  • Henry and Rochelle work in the claims department of an insurance company. On Rochelle’s birthday, Henry stops by her cubicle and
    8·1 answer
  • An economic outcome is said to be efficient if the economy is a getting all it can get from the scarce resources it has availabl
    15·1 answer
  • The national defense of the United States is not rival because
    14·1 answer
  • MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $90,000
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!