The effort by political candidates and their staff to win backing and support by voters in the quest for political office is known as a <u>campaign</u>.
These campaigns, where presidential candidates are trying to find support of voters by promoting themselves via advertisements on TV, the Internet, newspapers, etc. can last for months before the actual elections. People are constantly bombarded by messages about these candidates so as to vote for them when the elections come.
Answer:
b. Jiang recognizes a $2,000 LTCG is correct
Explanation:
The correct answer is b.Jiang recognizes a $2,000 LTCG is correct
In this year his stock basis before distribution = 3,000 + 12,000 = 15,000
After reducing it by the amount of distribution, stock basis reduces o $0.
And LTCG recognized = 17,000 - 15,000 = 2,000
Answer:
1. Dr Equipment 36000
Cr Cash 9000
Cr Notes payable 27000
( To record entry of equipment purchase on cash and on promissory note)
Explanation:
Equipment = 36000
Paid in cash = 36000 /4 =9000 and balance 36000-9000=27000 to be signed promissory note.
Answer:
Explanation:
Cash Payment to customers: $450,000 x contract rate of 9% x 1/2 = $20,250
Amortization of the premium: $11,795/6 periods = $1,966
Bond interest Expense: $20,250 - $1966 = $18,284
Answer:
d. $10.
Explanation:
Tax is a payment made to the government to assist it in financing its various programs. Taxes are the main source of government revenue. Income tax is the tax levied on individuals and firms on their earnings.
Susan and Rebecca enter into a work agreement where Rebecca hires Susan to dog sit for her. Susan will be working and is expected to pay taxes on the income received. Rebeca will be attending a wedding, which is not an income-generating activity; hence she will not pay any taxes. It means only Susan will pay taxes as she is the only one who will be earning. If the tax imposed on dog sitting is $10, then the two ladies will be worse-off by $10.