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valina [46]
3 years ago
14

According to our Chapter 8 reading, the first step in time management should be

Business
1 answer:
damaskus [11]3 years ago
5 0
Are there any answer choices?
You might be interested in
Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevan
Zolol [24]

Answer:

Dr Construction 800000

Dr Cost of construction 1200000

Cr Revenue form long-term contracts 2,000,000

Explanation:

Based on the information given What would be the journal entry made in 2020 to record revenue is :

Dr Construction $800,000

Dr Cost of construction $1,200,000

Cr Revenue form long-term contracts $2,000,000

($800,000+$1,200,000)

(Being to record revenue)

4 0
2 years ago
Determine whether each scenario is an example of tax avoidance or tax evasion. Andrea keeps a record of all her business-related
Brums [2.3K]

Answer:

1. Tax avoidance

2.Tax avoidance

3.Tax evasion

Explanation:

Tax avoidance refers to a legal way of reducing one's tax liability through lawful deductions. Ways to reduce tax liabilities are; capitalizing on tax advantage retirement accounts, liasing with tax advisor on the legal way for tax avoidance. Tax avoidance is however legal.

Examples of tax avoidance are;

1. Andrea keeps a record of all her business related expenses.

2. Daniel claims the amount of interest paid for his mortgage as tax deductions.

Tax evasion is a deliberate attempt by a tax payer to avoid payment of tax liability. It is a fraudulent action by a tax payer to wilfully evade tax in an illegal manner. In tax evasion, income is concealed to tax authorities inorder to evade tax payment which is a criminal offence. It is to be noted that tax evasion is illegal in the eye of the law.

Example of tax evasion is ;

3. Christian did not report the tips he earned on his tax return.

7 0
3 years ago
Why did many banks fail after the stock market crashed?
kumpel [21]
When the stock markets crash, the businesses crash because the economy relies on the circulation of money to stay alive, when stock markets crash, money is slowing down and businesses can't afford to keep their business
6 0
2 years ago
Read 2 more answers
Steven is trying to save for a new car. What does he need to created to help him decide how much of his income needs to be used
Andrej [43]

Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.

7 0
3 years ago
Read 2 more answers
if data links connecting different parts of the united states were to fail, gdp would fall. if, on the other hand, the network o
photoshop1234 [79]

Answer:

(1). Increament in GDP.

(2). Decrease In marginal product.

(3). POSITIVE marginal Product (MP).

Explanation:

"If data links connecting different parts of the united states were to fail, gdp would fall. if, on the other hand, the network of state-of-the-art, high-speed connections were doubled in size" what will happen are given below;

=> There will be an increase in the Gross Domestic Product (GDP).

=> There will be a reduction In the value of the marginal Product (MP). The marginal Product (MP) will reduce as far more than the original network.

=> The marginal Product (MP) will be POSITIVE.

8 0
3 years ago
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