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Vinvika [58]
3 years ago
5

During the year, Juanita has the following income: Gift from her father to help with her student loans $8,500 Interest income on

US Treasury Bond $400 Interest income on the municipal bond issued by the City of Chicago $250 Interest income from her savings account at BMO Bank $165 Life insurance proceeds on the death of her mother $45,000 What is Juanita's gross income for the year
Business
1 answer:
stich3 [128]3 years ago
6 0

Answer:

$565

Explanation:

First of all, the person that receives a gift does not pay taxes for it. Also, proceeds from a life insurance policy are not taxable either. Municipal bonds are not taxed by the federal government.

This means that Juanita's taxable income = $400 interests from Treasury bonds + $165 interests from savings account = $565.

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Individuals will eventually correct their expectations of the price level. As they do so, prices and
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3 years ago
Excess return portfolio performance measures
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Answer:

The answer would be E

Explanation:

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3 years ago
Which adjective best describes you at work? a.unique b.orderly
UkoKoshka [18]

Answer:

B

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5 0
2 years ago
When required, the information provided to the data subject in a HIPAA disclosure accounting …
Lana71 [14]

Answer:

A. must be more detailed for disclosures that involve fewer than 50 subject records.

Explanation:

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For example, an employee or worker can receive health insurance from his or her former employer even after changing job because of the Health Insurance Portability and Accountability Act (HIPAA).

When required, the information provided to the data subject in a HIPAA disclosure accounting must be more detailed for disclosures that involve fewer than 50 subject records.

3 0
2 years ago
The Allowance for Bad Debts account has a debit balance of $ 9 comma 000$9,000 before the adjusting entry for bad debts expense.
Yakvenalex [24]

Answer:

the amount of the adjustment in the Allowance for

Bad Debts​ account  $3.000

Explanation:

Initial Balance  

Allowance for Uncollectible Accounts  $ 9.000

END Balance  

Allowance for Uncollectible Accounts  $ 12.000

The adjustment entry in the accountig will be

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Allowance for Uncollectible Accounts   $ 3.000

3 0
3 years ago
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