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3 years ago

What is the difference between gross income, taxable income, and adjusted gross income?

Business

2 answers:

lukranit [14]3 years ago

8 0

Answer:

Taxable income is a layman's term that refers to your adjusted gross income (AGI) less any itemized deductions you're entitled to claim or your standard deduction. You're not permitted to both itemize deductions and claim the standard deduction. ... The result is your taxable income.

Explanation:

melisa1 [442]3 years ago

6 0

Answer:

Here is what I found, I hope it helps

Explanation:

Gross Income contains all money you earn that is not expressly removed from taxation under the Internal Revenue Code (IRC). The part of your gross income which is currently subjected to taxes is Taxable Income. To arrive at the number of Taxable Income, expenses are deducted from gross income. For a year, your Gross Income applies to all your pre-tax earnings, while your Adjusted Gross Income is mostly smaller and refers to your income after tax deductions. I could not find the difference between Adjusted Gross Income and Taxable Income.

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Personal values and work values cannot be related. If your answer is correct, ill brainly!

Zarrin [17]

Answer:

The answer is false.

Explanation:

Everybody has personal values, i.e. certain things they find most imperative throughout everyday life. This likewise stretches out to the world of work; your work values to a great extent decide your working style and inclinations.

Additionally, managers will frequently cling to certain center qualities which characterize the organization culture and how the business is lead. Arrangement with them will, no doubt, be a main factor while selecting new representatives.

Monitoring your personal values and those of the organization you're applying to will enable you to decide if the job– and the business in general – is ideal for you, and additionally finding how you can be ideal for them.

PLS MARK ME AS BRAINLIEST

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3 years ago

Bearcat Construction begins operations in March and has the following transactions. March 1 Issue common stock for $21,000. Marc

Harrizon [31]

Transactions will be recorded as follows;

March 1

Debit Cash $21,000

Credit Common Stock $21,000

March 5

Debit Cash $9,000

Credit Notes Payable $9,000

March 10

Debit Construction Equipment $25,000

Credit Cash $25,000

March 15

Debit Advertising Expense $1,100

Credit Cash $1,100

March 22

Debit Accounts Receivable $18,000

Credit Service Revenue $18,000

March 27

Debit Cash $13,000

Credit Accounts Receivable $13,000

March 28

Debit Salaries Expense $6,000

Credit Cash $6,000

7 0

3 years ago

Which means the same as human resources?

lora16 [44]

Answer:

A. Capitol Resources

Explanation:

Explanation:

4 0

3 years ago

Read 2 more answers

Great Northern Bank makes loans to thousands of individuals and companies. They are under investigation for their handling of se

andreev551 [17]

Answer:

The correct option is (b)

Explanation:

USA Patriot Act was enforced after 2001 attacks to protect people from terrorist attacks or illegal activities. The purpose of this act is to detect and prevent any kind of funding from criminal activities or money laundering.

Here, Great Northern Bank is handling cash transactions of organization selling illegal weapons. It is the bank's responsibility to report these transactions under USA Patriot Act.

5 0

4 years ago

In an economy with a population of 100 million persons, 40 million hold civilian jobs and 9 million are not working but are look

worty [1.4K]

Answer:

49 million

Explanation:

Data given in the question

Population = 100 million persons

Civilian jobs = 40 million

Not working but looking for a job = 9 million

So the number of persons in the civilian labor force is

= Civilian jobs + not working but looking for a job

= 40 million + 9 million

= 49 million

The civilian labor force includes both the employed as well as unemployed person

8 0

3 years ago