Answer:
a.$4,704
Explanation:
Depreciation rate applicable for 2nd year as per MACRS 5 year class property = 32%
So, Irene cost recovery deduction = $21,000 * 32% * 70% = $4,704
Hence, the cost recovery deduction for Irene in 2020 is $4,704.
Answer:
True
Explanation:
A buisness customer records every transaction to see how the transaction was
All are covered by HR except investing funds
Answer:
Children
Explanation:
An asset is any resource with a commercial value, owned or controlled by a person, business, or country with the objecting of profiting from it in the future. Assets are useful resources in generating revenues, reducing costs, or improving operations. Physical include building, vehicles, equipment, human resource, plants, and machinery. Non-physical assets comprise of copyrights, patents, licenses, and goodwill.
Children cannot be given an economic value, nor are they reported in the business's financial books.
Answer:
b. statement printouts
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<u>Multiple-choice answers for this question are: </u>
a. Account balance checks b. statement printouts c. cash withdrawals d. money transfers
Explanation:
An ATM ( automated teller machine) provides a convenient way to perform some basic banking operations outside the banking hall. Customers can check their account balance, do transfers, deposit, and withdraw from their accounts from an ATM. A debit card is required to access the bank account via ATM.
An ATM does not print bank statements. A customer requiring a bank statement will need to walk into the banking hall to request the inquiries desk.