Not all of the answer choices are here
Answer:
$8,100
Explanation:
The home was rented for more than 14 days, you must pay taxes for the rental income
Since Lille used the house for more than 15 days herself, limits her deduction. The home cannot be treated as rental home nor personal use vacation home.
total days used = (30 x 3) + 30 = 120 days
rental days = 90/120 = 75% (this doesn't apply to mortgage interest nor real estate taxes, they are still 100% deductible)
mortgage interest and real estate taxes still qualify as personal expenses = $3,000 + $1,500 = $4,500
utilities and depreciation will be deducted only 75% = ($800 + $4,000) x 75% = $3,600
total deductions = $4,500 + $3,600 = $8,100
Answer:
c. $154,000.
Explanation:
According to the difference value technique, the average difference between audited value and book value for the sample should be replicated for the whole population of 4,000 accounts. The average difference per account is:
This means that the audited value is $1 greater than the book value for each account, assuming 4,000 accounts with a book value of $150,000, the audited value is:
Estimated total audited value of the population is: c. $154,000.
Answer:
Explanation:
department 1 transferred cost to department 2:
=$75000+$100000+$125000+$150000-$60000
=$390000
department 2 transferred cost to department 3 is:
=$75000+$50000+$60000+$70000+$390000-$60000
=$585000
journal entry to record the flow of costs into department 3 :
Dr work in process depatment 3 $585,000
Cr work in process department 2 $585,000
You can <u>B. Say no</u> because informal gatherings are strictly prohibited.
<h3>What are informal gatherings?</h3>
Informal gatherings are social events held for social purposes.
Informal gatherings are not allowed for business discussions and should be rejected when offered for business purposes.
<h3>Question Completion with Answer Options:</h3>
A Decline the invitation because business matters must not be discussed with Outside Business Associates.
B Say no because informal gatherings are strictly prohibited.
C Say yes because you have never attended a business meal with the Outside Business Associate.
Thus, you can <u>B. Say no</u> because informal gatherings are strictly prohibited.
Learn more about informal gatherings at brainly.com/question/13013781
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