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vovangra [49]
3 years ago
15

YOUR ASSIGNMENT: 1. You are a single person with no dependents, earning a salary of $47,810. You have no adjustments to your inc

ome. Use the information provided to find your taxable income. Use this equation: taxable income = gross income - (adjustments + deductions + exemptions) Then find your tax liability. Explain how you found your answer. (6 points: 3 for the correct answer, 3 for the supporting explanation)​
Business
1 answer:
joja [24]3 years ago
7 0

Answer:

GHVTUFFTUFT

Explanation:

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I take that class in edmentum

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The country in which an International company has its primary headquarters and the larger consumer base is called its
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What is a fiscal year?
Darina [25.2K]

A fiscal year, is a 12-month financial planning period that may or may not coincide with the calendar year.

Explanation:

A fiscal year to the government is just like a financial year for a company/corporation.

A government can have a fiscal year from the middle of a year (July) to the next year (June) which in total is 12 months.

Sometimes a fiscal year coincide with the calendar year but that does not acknowledge the fact that is must be a calendar year.

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3 0
3 years ago
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On September 1, Year 1, Gomez Company collected $9,000 in advance from a customer for services to be provided over a one-year pe
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Answer:

d. $9,000; $9,000

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As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.

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