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mr Goodwill [35]
2 years ago
10

Type the correct answer in the box. Spell all words correctly.

Business
1 answer:
Solnce55 [7]2 years ago
5 0

Answer:

529

Explanation:

A 529 plan is a plan to encourage savings for future education expenses.  The money saved in a 529 plan is not subject to taxation as long as it will be used for education purposes.

Parents, grandparents, or guardians can open 529 savings account for a child, who will be named as the beneficiary.  The contributor of funds to the account may be eligible for a state tax deduction for contributing to a 529 plan. The gains on the accounts are exempt from tax if they are to be used on education expenses.

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A. Following are the transactions of a new company called Pose-for-Pics.
stich3 [128]

Answer:

The August 31 trial balance is a debit and credit amount of $16,986

Explanation:

The journal entries for the following transactions is as follows;

  General Journal                          Debit                              Credit

1. Cash                                            $6,500

  Photography equipment            $33,500

  Common stock                                                                 $40,000

2. Prepaid insurance                       $2,100

   Cash                                                                                   $2,100

3. Office supplies                             $880

   Cash                                                                                    $880

4. Cash                                              $3,331

   Photography fees                                                              $3,331

5. Utilities expense                           $675

   Cash                                                                                     $675

August 31 trial balance                     $16,986                         $16,986  

The August 31 trial balance is a debit and credit amount of $16,986

4 0
3 years ago
Sheridan Company prepared a 2019 budget for 150000 units of product. Actual production in 2019 was 175000 units. To be most usef
KengaRu [80]

Answer:

The actual results for 175,000 units with a new budget for 175,000 units.

Explanation:

To be more useful, actual results should be compared with budgeted amounts of actual production.

The actual results for 175,000 units should be compare with a new budget for 175,000 units

7 0
3 years ago
What is $5.30 reduced by 10%
Yuki888 [10]
To get this answer you can simply move the decimal over one.

Or you can multiple 5.30 *0.10 = 0.53

So you can then subtract 0.53 from 5.30 to get the answer of:

$4.77
7 0
3 years ago
Read 2 more answers
Suppose Kim Ping and Abdel decide to set up a joint venture. Working together, the two companies will build a new, independent m
harina [27]

Answer:

Kim Ping and Abdel will have trouble when it comes to equality in a joint venture. There is always one partner who earns more than the other.

Kim Ping and Abdel will face<em> "conflict of interest." </em>Every individual has his own purpose in making a profit.

Explanation:

"Join venture" refers to the<em> merging of two parties</em>, including their resources, in order to accomplish a project or start a new business. This means that the company profits and losses will be shared by both parties.

However, it is said that "there is no such things as equal partners." There is always a chance that one party will earn more than the other, or the other party will contribute more than the other.

There is also a possibility of "conflict of interest" in such situation. Every partner has his own beliefs and style of running a business. This will cause a conflicting interest in both parties.  

These are the possible problems that Kim Ping and Abdel might encounter.

5 0
3 years ago
Trends in twenty-first century health care in the United States are described as revolutionary by Longenecker and Longenecker (2
blondinia [14]

Answer: A. <em>New laws and regulations from the Affordable Care Act (ACA) to cut costs and improve indicators of quality and staffing challenges.</em>

Explanation: The modern and recent trends and legislation which dwell more on preventive medicine and make medical care available and affordable to the everyone will help to improve the overall well being of people.

ACA (AFFORDABLE CARE ACT) which people also call the ''Obama care'' was founded in the year 2010, through a Bill passed by 111th Congress of the United States is aimed that helping to subsidize health care and make it affordable to the poor.

7 0
3 years ago
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