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andre [41]
3 years ago
15

John paid $10,000 in mortgage interest last year. He and his wife earned $150,000 from their jobs last year. Based on their circ

umstances, they can deduct the mortgage interest from their taxable income, meaning they only have to
pay federal income tax on what amount?
Business
1 answer:
____ [38]3 years ago
4 0

Answer:

$140,000

Explanation:

$150,000-$10,000= $140,000

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The best way to correct any new problems that arise because of a solution is to ________.
Ivenika [448]
You have to do A. Address problem with counterplan I just took the unit test I know for sure
5 0
3 years ago
Read 2 more answers
When the price of a good or service changes,a. the demand curve shifts in the opposite direction.b. the supply curve shifts in t
fredd [130]

Answer:

<u>There is a movement along a given supply curve.</u>

Explanation:

When the price of a good or service changes, consequently there are several factors that will influence demand. Some of them are the quantity demanded, which due to a price change may increase or decrease compared to the original demand. Therefore, this is a factor that will influence a movement along the demand curve.

4 0
3 years ago
What are the three types of inherent value money can have
Reil [10]

Answer:

commodity value, representative value, and also fiat value.

6 0
3 years ago
Evan accidentally quoted a customer a price for new flooring that was more than $1,000 less than the actual price. His manager h
igomit [66]

The Manger Has exercised <u>Concurrent Control</u> on Evan by taking the decision to retrain him.

Explanation:

Concurrent control as the name suggest is the type of control that takes place in the Real-time or at the time the mistake occur.It is a type of a ongoing control and is a continuous process.

This type of control is used to monitor those employees who  directly interact with the customers

<u>For Example</u>: A restaurant waiter must be aware about the menu list(Starters,Main Course),A car sales man should be aware about the features of the car  and its USP(Unique Selling Proportion)

4 0
3 years ago
Prepare a trial balance from the ledger accounts of Black Diamond Express as of January 31, 2018.
malfutka [58]

Answer:

<u>Black Diamond Express</u>

<u>Trial Balance as at January 31, 2018.</u>

                                                          Debit               Credit

Accounts Payable                                                      $1,100

Rent Expense                                    $500

Accounts Receivable                      $1,700

Service Revenue                                                      $3,000

Cash                                                 $1,400

Supplies                                             $200

Common stock                                                         $2,000

Salaries and Wages Expense         $1,300

Dividends                                         $1,000

Totals                                                $6,100             $6,100

Explanation:

A trial balance is a list of balances (debits and credits) that is prepared from the ledger accounts from which Financial Statements are prepared.

The Trial Balance can be used a check to the correctness of the double entry system.

4 0
3 years ago
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