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777dan777 [17]
3 years ago
14

By law, an accountant must hold a CPA designation in order to ?

Business
1 answer:
Harman [31]3 years ago
5 0

Answer:

The CPA designation isn't required to work in corporate accounting or for private companies. However, public accountants⁠—which are individuals working for a firm, such as Deloitte or Ernst & Young, that provides accounting and tax-related services to businesses—must hold a CPA designation.

Explanation:

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FedEx is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the c
andriy [413]

Answer:

Journal entries

Explanation:

Before passing the journal entries, first we have to determine the book value of truck which is

= Cost of delivery truck - accumulated depreciation

= $56,000 - $41,300

=  $14,700

Now the journal entries are as follows

a. Cash Dr $14,700

Accumulate depreciation $41,300

      To Delivery truck $56,000

(Being the disposal of the truck is recorded)

b)  Cash Dr $16,400

Accumulate depreciation $41,300

      To Delivery truck $56,000

       To Gain on sale $1,700

(Being the disposal of the truck is recorded)

c) Cash Dr $12,900

Accumulate depreciation $41,300

Loss on sale $1,800

      To Delivery truck $56,000

(Being the disposal of the truck is recorded)        

4 0
3 years ago
This​ video, carl describes​ paas, a type of cloud computing in which the customer provides the application software and​ data,
stepan [7]

Cloud computing company provides the information

8 0
3 years ago
Jim gets a job in a group home for disabled adults. The executive director tells Jim that if he works hard and earns favorable r
Sveta_85 [38]

Answer:

A) meritocratic.

Explanation:

Meritocratic:   It is defined as a social system where people´s status and success depend on their talent, skills, and contribution to society rather than wealth or social position. It gives priority to merit in society and promotes equality in society. The opposite of meritocratic is nepotism, which creates a gap in a society and provides an opportunity to only a privileged one.  Meritocracy term was first time used by Michael Young.

In the given case, Jim get a job, where executive director tell him that if he works hard and earns favorable reviews, he could work his way up to a position of greater responsibility and income. Therefore, such system is referred as Meritocratic.

3 0
3 years ago
Suppose that people in your community voted to eliminate all local taxes
Amanda [17]

Neighborhood trash pickups would most likely disappear.

8 0
3 years ago
Johnny is paid a salary of $ 9000. At the end of​ November, his cumulative gross earnings were $ 99000. How much will his employ
zmey [24]

Answer:

558

Explanation:

Since his monthly salary is $9,000

6.2% is the percentage of his salary that he will pay as social security tax while the Employer pays the other 6.2% making 12.4% in total

The amount to be taken out of his salary for social security for the month of December will be

6.2% * 9000= $558

3 0
3 years ago
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