Answer: administrative cost
Explanation:
Answer:
$78
Explanation:
Gifts made to customers or employees are deductible up to $25 per customer or employee:
- Darryl $25 + $3 in wrapping costs
- gifts to Darryl's wife is not tax deductible
- Sarah $25
- Veronica $25
total tax deductions = $78
Answer:
Manager
Explanation:
an employee who is responsible for planning, directing, and monitoring the work of other employees is a manager
Hope this helped and have a good day
Answer:
The journal entry to be recorded for the payment of the note on date of maturity is shown below:
Explanation:
The journal entry to be recorded for the payment of the note on date of maturity is as follows:
Notes Payable A/c..........................Dr $9,000
Interest expense A/c......................Dr $148
Cash A/c..........................................Cr $9,148
Being payment of the note payable is reported on the maturity date
As on the day of the payment, the cash is going out of the business which means assets is decreasing and any decrease in assets is credited. Therefore, the cash account is credited. And the notes payable is paid so the notes payable account is debited and interest expense account will also be debited.
Working Note:
Interest expense = $9,000 × 10% × 60/ 365
Interest expense = $148
<span>Hours of labor or number of workers are common ways of measuring a company's_______?
</span><span>
Productivity
</span>
