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Effectus [21]
3 years ago
9

Which expense category will most likely be changed to allow money for the purchase of a car?

Business
2 answers:
svetoff [14.1K]3 years ago
5 0

Answer:

○<em> </em><em>entertainment</em><em> </em>expense category will most likely be changed to allow money for the purchase of a car.

zlopas [31]3 years ago
4 0
Entertainment! for sure. you dont need to go to the movies but you need food lol
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Chuck, a single taxpayer, earns $79,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U
Usimov [2.4K]

Answer:

Base        98900 79000

tax excess 85525 40125

Excess         13375 38875

%                    24%    22%

tax  1         3210 8552.5

 

tax 2 additional 14605.5 plus  24% of the excess 85.525

                                               4617.5 plus  22% of the excess 40.125

total tax (tax1+tax2) 17815.5__13170

 

Change in tax  

(17.815 - 13.170) / (98,900 - 79,000) =  

4.645,5 / 19.900 = 23.34%

Explanation:

Base        98900 79000

tax excess 85525 40125

Excess         13375 38875

%                    24% 22%

tax  1         3210 8552.5

 

tax 2 additional 14605.5 4617.5

total tax                17815.5 13170

 

Change in tax  

(17.815 - 13.170) / (98,900 - 79,000) =  

4.645,5 / 19.900 = 23.34%  

8 0
3 years ago
Diaz Company owns a milling machine that cost $126,600 and has accumulated depreciation of $92,600. Prepare the entry to record
PIT_PIT [208]

Answer:

Please see explanation

Explanation:

1.                                                                  Debit               Credit

Accumulated depreciation                      $92,600

Loss on disposal of machine                   $34,000

Machine                                                                                $126,600

2.

Cash                                                          $17,500

Accumulated depreciation                      $92,600

Loss on disposal of machine                   $16,500

Machine                                                                                $126,600

3.

Cash                                                          $34,000

Accumulated depreciation                      $92,600

Machine                                                                                $126,600

4.

Cash                                                          $40,900

Accumulated depreciation                      $92,600

Machine                                                                                $126,600

Gain on disposal of machine                                               $6,900

8 0
3 years ago
If a worker was climbing on a tower while attached to a vertical lifeline, the workers fall protection system would be provided
Alex_Xolod [135]

If a worker was climbing on a tower while attached to a vertical lifeline, the workers fall protection system would be provided by: single anchor vertical lifeline , and mobile fall arrestors.

<h3>What is a protection system?</h3>

Protection system can be defined as the system that help to protect and safeguard people from hazard or to protect people from material that may fall on them while climbing a tower.

Hence, the protection system that will help to protect a worker or an employee who fall while  climbing on a tower are;

  • Single anchor vertical lifeline
  • Mobile fall arrestors

Learn more about Protection system here:brainly.com/question/26260220

#SPJ1

4 0
2 years ago
What is the difference between a shortage and scarcity? A shortage can be temporary or long-term, but scarcity always exists. A
Alika [10]

Answer:

A shortage can be temporary or long-term, but scarcity always exists.

Explanation:

Scarcity is a basic concept in economics which explains that human wants are unlimited and thus termed insatiable as the resources required to meet those needs are in limited supply.

As such scarcity as a concept has always been in existence and will always b. Shortage on the other hand is a limited supply of an item which may be in the short term or in the long run. While a shortage may be dealt with in time, scarcity will always be in existence.

8 0
4 years ago
The GASB establishes financial reporting standards for state and local governmental entities. An entity created by a government
Sladkaya [172]

Answer:

C) Any of the above (or below)

  • B) The potential that another government could unilaterally dissolve the entity and assume their assets and liabilities
  • D) The power to enact and levy a tax.
  • E) The power to directly issue debt, for which its interest is exempt from federal taxation

Explanation:

Government Accounting Standards Board (GASB) is a private non-governmental organization that develops accounting standards that state and local governments must follow. The GASB works along with the Federal Accounting Standards Advisory Board (FASB), which is the organization that develops accounting standards for the federal government.

Both the GASB and the FASB help to ensure that financial information regarding the use of public funds is standard across different government entities.

8 0
4 years ago
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