<u>Tax preparation software</u> can help prepare and file your taxes by " <u>posing questions to collect the necessary information."</u>
This is because Tax preparation software is designed to give step-by-step, question and answer format to gather the necessary information to prepare your income taxes.
There are various types of tax preparation software, some of which include the following:
Hence, in this case, it is concluded that the correct answer is option B. "<u>posing</u><u> </u><u>questions to collect the necessary information."</u>
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Answer:
The answer is "$6,590".
Explanation:
If 50% of the purchase amount would be paid in the next month, the account payable in January will thus amount to 50% of the item purchased in January. In January, all accounts payable at the start of Dec will therefore not be added to the trade payables for January.

Answer:
c.They must be an integral part of the finished product and a significant portion of the total product cost.
Explanation:
Direct material is the key component of finished product, it is what is called finished product after processing.
It might be combination of so many raw materials or that it might be alone.
Thus, it forms an integral part of finished product and also it involves a huge share that is clearly identifiable in the total cost as raw material.
Which is because generally overheads do not have that share in cost, as much as that of raw materials.
Answer:
If I bougth the Machine at 14% interest.
This purchase is not justified
Depreciation expenses and credit interest are greater than the income generated
Explanation:
Machine 360000
Adittional cost 20000
Final Cost 380000
Salvage Value 73000
Machine value for depreciation 307000
year 1 307000 61400 245600
year 2 245600 61400 184200
year 3 184200 61400 122800
year 4 122800 61400 61400
year 5 61400 61400 0
Period Payment Capital Interest Loan
360000
1 104.862 54.462 50.400 305.538
2 104.862 62.087 42.775 243.451
3 104.862 70.779 34.083 172.672
4 104.862 80.688 24.174 91.984
5 104.862 91.984 12.878 0
Depreciation 307000
Interes 164.310
Expenses 471.310
Revenue 430.000