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
Softa [21]
2 years ago
7

In addition to the $14,000 in expenses, in Nov. 2020, Julie’s Tax Prep paid two years’ worth of office rent ($1,000/month * 24 m

onths = $24,000). The rent covers Nov. 1, 2020 through Oct. 31, 2022. How much of the $24,000 rent can Julie’s deduct in 2020?
Business
1 answer:
Nikitich [7]2 years ago
3 0

Answer:

Julie’s can deduct $2,000 in 2020

Explanation:

In 2020 rents for only two months November 2020 and December 2020 are accrued

First calculate the monthly rent

Monthly rent = Rent paid / Month for which rent paid = $24,000 / 24 months = $1,000 per months

Now calculate the rent deduction to be made by Julie in 2020

Rent deduction 2020 = Numbers of months accrued in 2020 x Monthly rent = 2 months x $1,000 per month = $2,000

You might be interested in
Which feature helps business address customer grievances
meriva
A customer service representative would be a feature commonly used by huge companies in addressing the customers' issues with regards to their products and services. Furthermore, customer feedback is very important because the company would have the idea on how to improve their service or product.
8 0
3 years ago
Read 2 more answers
Why is producing a high quality product important to rolls royce ?
Mashcka [7]

Answer:

So the buyer wants the car.

Explanation:

Many people buy a rolls royce due to the high quality and they are on the knowledge that it is manufactured with high quality.

7 0
2 years ago
PLEASE HELP
erma4kov [3.2K]
A I believe is the correct answer
8 0
2 years ago
Which of the following changes in the loanable funds market will decrease the equilibrium real interest rate?
LuckyWell [14K]

Answer:

The answer is Option C

Explanation:

Any event that would either decrease the demand for loanable funds or increase the supply of loanable funds will decrease the equilibrium interest rates. Supply of loanable funds is affect by the amount of national savings. National savings in turn, is the sum of private savings, public saving and net capital inflow.

In option C, capital inflows are increasing. This means that there would be an excess supply of money in the economy which can be converted into loanable funds. This would, therefore, push the supply curve to the right thereby reducing the real interest rate equilibrium.

7 0
3 years ago
An ____ is a group of individuals, working together to achieve shared job-related goals such as higher pay shorter working hours
podryga [215]

The answer is union or labor union. This is an group of workers who have come together to attain common goals such as guarding the integrity of its trade, refining safety standards, attaining higher pay and benefits such as health care and retirement, increasing the number of employees an employer allocates to complete the work, and better working conditions.

7 0
3 years ago
Other questions:
  • Cynthia feels she is ready to move into her own apartment. She makes $2,000 per month. Does she make enough money to pay for the
    7·2 answers
  • Which of the following terms best describes an economy in which producers of goods and services react to consumer choices
    8·2 answers
  • Which three report charts show how many Leads are in the Marketing pipeline based on Lead Status and what percent each Lead Stat
    9·1 answer
  • In "open market operations" to __________ M1, the securities held by a commercial bank (or the public) are exchanged for "cash"
    14·1 answer
  • Granite works maintains a debt-equity ratio of .65 and has a tax rate of 21 percent. the pretax cost of debt is 9.8 percent. the
    11·1 answer
  • A​ _____ is in​ top-down format and shows each level of​ design, its relationship to other​ levels, and its place in the overall
    9·1 answer
  • Which of the following statements about depreciation is correct?
    5·1 answer
  • Which distribution channel is used by valley farm dairy to distribute its products to consumers without intermediaries?
    10·1 answer
  • Please list 3 New Years Resolutions and explain why you chose these.
    14·1 answer
  • 3A. The Waffle House pays a constant annual dividend of $1.25 per share. How much are you willing to pay for one share if you re
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!