<span>Bob can claim Sara, but not Joan. To qualify for the Earned Income Credit, a child must be under the age of 19 (or under 24 if a student) or disabled, a child or direct descendant including grandchildren, living as a resident in your home with you for over half the year, having a valid social security number, and not claimed by someone else. Joan is not disabled or under 19, so she does not qualify. Sara is a direct descendant of Bob under 19 with a valid SSN who lives with him more than half the year, so she qualifies as long as Joan does not claim her.</span>
The journal entry for the inventory purchased will be to record the sale and another one to record the cost of the sale.
<h3>What is a journal entry?</h3>
It should be noted that a journal entry is used to record the financial activities of a company.
In this case, the journal entry for the purchase of inventory on account using the perpetual inventory system is to record the sale and another one to record the cost of the good.
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The Operations Section Chief directs all responses and tactical actions to achieve the incident objectives.
<h3>What is
Operations Section Chief ?</h3>
The Operations Section Chief, a member of the General Staff, is in charge of all operations directly related to the core mission. The Operations Section Chief initiates, supervises, and leads the execution of organizational elements in accordance with the Incident Action Plan.
The Operations Section Chief directs tactical incident activities to achieve incident objectives and oversees the implementation of the Incident Action Plan (IAP). 1. This role can be ordered as a stand-alone resource or as part of a National Incident Management System (NIMS) team (Incident Management Team).
The OSC1 works in the Operations functional area and reports to the Incident Commander (IC). The OSC1 performs duties corresponding with the Type 1 incident complexity and characteristics outlined in the Interagency Standards for Fire and Firefighting.
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I wanna think prob full coverage home owners insurance
Answer:
$22,450
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance
Beginning bal. of Allowance for Doubtful Accounts ($21,600)
- Uncollectible Accounts Receivable written off <u>$32,700</u>
Adjustment of Allowance for Doubtful Accounts <u>$11,100 </u>
Accounts receivable balance at December 31 $11,350
+ Adjustment of Allowance for Doubtful Accounts $11,100 Adjustment to Allowance for Doubtful Accounts $22,450
at December 31, 2022
