Answer: $2,000
Explanation:
-Use form 2441 on the IRS website for 2019.
-Wages earned=$45,000, therefore, it would be between "over 43,000 but not over 'No Limit' " which is 20% (.20)
-$10,000(paid in daycare) × .20 = $2,000
Answer: $746
Explanation:
Scarlet Co.
Bank Reconciliation
Cash balance per books $842
Add:
Outstanding check #643 $642 Outstanding check #651 $57
Interest received from $33
Less:
Bank service charges. $39
Deposits in transit $330
Customer check returned $90
Balance as per bank $1,115
The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:
$1,115 + $330 - ($642 + $57) = $746
The term that is being referred above is the Personal Balance Sheet or Statement. This shows the result of your assessment as to what you own and what you can owe. This assessment aims to check your financial health and the status of your personal finances. Answer to this is the first option.
Loans are sums of money that are expected to be paid back with interest or in full