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nevsk [136]
3 years ago
13

Hunter has always been great at math. He has an accounting degree and wants to work for the federal government in the Governance

and Public Administration career cluster. Which government agency should Hunter apply to? United States EmbassyUnited Postal ServiceMunicipal Taxation DepartmentInternal Revenue Service
Business
2 answers:
rusak2 [61]3 years ago
4 0
United States EmbassyUnited Postal ServiceMunicipal Taxation Department<span>Internal Revenue Service? 
 
which one

</span>
jeyben [28]3 years ago
4 0

Hunter has always been great at math. He has an accounting degree and wants to work for the federal government in the Governance and Public Administration career cluster. Which government agency should Hunter apply to? Internal Revenue Service.

The Internal Revenue Service is better known by Americans as the IRS. The IRS is the nation's tax collection agency and administers all Internal Revenue Code's that were established by Congress. Since Hunter is good at math and has an accounting degree where he wants to work for the federal government. The IRS and the jobs that are offered within the IRS seem to match what Hunter wants to do with his degree.

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The following amounts are reported in the ledger of Mariah Company: Assets $ 78,000 Liabilities 41,000 Retained Earnings 9,000 W
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Answer:

47000

Explanation:

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2 years ago
During the current year, Walter invests $35,000 in each of two separate corporations. Each investment gives him a 20% ownership
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Answer:

B) Only statement II is correct.

  • II. Has $20,000 of taxable income from Corporation Z.

Explanation:

One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).

On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.

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3 years ago
It is less important to account for factors like warranties and durability when purchasing a
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Long-term product or b
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An investment banker agrees to underwrite an issue of 10 million shares of stock for TWResearch, Inc. on a firm commitment basis
tatuchka [14]

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The total the investment bank paid when underwriting was:

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4 0
3 years ago
Identify which basic principle of accounting is best described in each item below. (a) Norfolk Southern Corporation reports reve
Stels [109]

Answer:

The answers are,

For A. It's the revenue recognition principle in which revenue is recognised when it is earned, now when the cash is realized.

For B. Its the matching concept in which all expenses related with earnings are debited against it to find the profit or loss.

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Explanation:

7 0
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