Answer: Please find answer in explanation column
Explanation:
Journal entry to record payment of Salaries and wages
Dates Account title Debit Credit
Jan 9 Salaries and Wages Payable $2,870
Salaries and Wages Expenses $3,040
Cash $5,910
Calculation
Salaries and wages Expense = Cash -Salaries and Wages Payable
= $5,910- $2,870=$3,040
Given Information:
Head of household
Married, filing separately
Single
Qualifying widow(er)
Answer:
Head of household filing status should Wilhelmina indicate on her tax return
Explanation:
She was unmarried at the end of the year and provided over half the cost of keeping a home as a residence for a dependent.
The head of household is the actual US taxpayers ' filing status. A taxpayer must be either single at the end of the year in order to use the status of head of household registration. You paid for the tax year more than half of the cost of owning a home.
For many people who file as head of household, their qualifying dependent is a child.
A qualifying child is your biological child, stepchild, foster child, sibling, step sibling, half sibling or a descendant of one of these. The child also needs to be under the age of 19 (or under the age of 24 if a full-time student).
A large industrial sector doesn’t
always indicate that a nation is fully developed because the standard of living
may not have risen with industrial growth. An example of this is North Korea.
It has a large industrial sector but also a low standard of living, so it’s not
considered developed. The correct answer between all the choices given is the
second choice or letter B. I am hoping that this answer has satisfied your
query and it will be able to help you in your endeavor, and if you would like,
feel free to ask another question.
Answer:
B. The marginal cost of going to Ft. Lauderdale decreases.
Explanation:
Consider marginal cost and benefit before making a purchase.
Marginal cost is the increase or decrease of the cost of a particular actions.
Marginal benefit is the increase or decrease of the benefit of the action.
For example, if two items are identical and priced differently, the marginal benefit increases when the lower price is selected.
If two items are similar but not identical you would have to assess the cost and benefits of each more.
If marginal cost exceeds the marginal benefit you shuold not purchase the item or consider another option.
In this case, the only option that may reverse this desition is that the marginal cost of going to Ft. Lauderdale decreases.
<span>The fact that people are willing to save money for future purposes describes the function of money as a store of value.
Money is generally accepted as a form of payment for any transaction. This makes it possible for people to measure value of services or a goods easily by expressing their value in form of money make it possible for us to account for anything (good and services) in our books of record. This characteristic of money gives it value and ability to be saved or stored as a liquid asset for meeting any emergencies, debts or future buying opportunities for good and services among other needs. Hence, Money can therefore act as a medium for storage of value.</span>
