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asambeis [7]
3 years ago
8

Quickbooks Online. IRS guidelines require specific information to substantiate deductible automobile expenses. Which 3 items are

included in the substantiation requirements?
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

Explanation:

IRS guidelines available for automobile

deductible is that if one is using his cat for business purposes, the entire cost of ownership as well as operation can be deducted. But if the car is for business and personal purposes, the cost for the business use can be deducted.

The three items that are are included in the substantiation requirements are;

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

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A. The highest amounts occur throughout subtropical latitudes. B. The highest average values occur along the equator. C. The pre
tatyana61 [14]

Answer:

The correct answer is B. The highest average values occur along the equator.

Explanation:

The spatial distribution of precipitation on the continents is very varied, thus there are extensive areas such as deserts, where rainfall is extremely scarce, of the order 0 to 200 mm of precipitation per year. In the Sahara desert, the annual average rainfall is just a few mm, while in the areas near the Gulf of Darién between Colombia and Panama, the annual rainfall is over 3,000 mm, with a maximum of about 10 meters (10,000 mm ). The Atacama desert in northern Chile is the driest area of all continents.

3 0
3 years ago
As part of its risk management strategy, Copper Monkey Mining sells futures contracts to hedge changes in fair value of its inve
tankabanditka [31]

Answer:

In the March 31 statement of financial position, the company should record the futures contracts as a  loss and liability of $100,000

Explanation:

GAAP specifies that all derivatives instrument and hedging activities recorded  in the balance sheet are assets and liabilities and measured at fair value.

At the starting of the futures contracts, the fair value is $0 since the prices of the future contract was entered at that date.

Given that 200 futures contracts was sold at the commodity exchange foo $$0.83/lb and each contract was for 25,000 lb. Therefore a fair value hedge of 5 million lb. (25,000 lb. × 200 contracts) of copper at $0.83/lb is expected to be delivered.

The price had risen to $0.85/lb at the date of the financial statements, Copper Monkey should record a loss and liability = (5 million lb) × ($0.83 – $0.85) = 5000000 × 0.02 = 100000

Copper Monkey should record a loss and liability of $100,000

5 0
3 years ago
Given below are lease terms at the local dealership. What is the total cash
puteri [66]

Answer:

$3700

Explanation:

The items that have to be paid for at the signing include

1. The deposit:             $,2,400.00

2. Monthly payments :    $425.00

3. Security deposit:          $375.00

4.  Acquisition fee:      <u>   $ 500.00</u>

     Total due            <u>       $3,700.00</u>

4 0
3 years ago
Read 2 more answers
Apple INC., formerly called Apple Computer Inc., is a multinational corporation founded by Steve Jobs and Steve Wozniak. Their v
katrin2010 [14]

This is not a question, it is information. Do you have a question about this topic?

If so, please let me know.

I hope this helped!

7 0
3 years ago
Green Field county stadium is planning to conduct a cricket match between two teams A and B. A large crowd is expected in the st
ANTONII [103]

Answer:

Mode Name: BS-485 Half Duplex Mode 2 wires

Reason 1:  less Noisy

Reason 2:  Allows upto 32 receivers

Explanation:

The BS-485 is an electrical interface, that supports half-duplex mode through 2 wires, and full-duplex mode through four wires. However, here, we only need the half-duplex mode, and that is enough as the recordings are to be shown on the screen, which is the receivers, and they do not need to talk to the transmitter, while the transmitter is transmitting the recordings to the screen. And since, BS-485 supports around 32 receivers, its more than enough for this question requirement. So its half-duplex mode, and an example of the Serial data transmission. And also, it's synchronous, as there is no stop in between the data packets.

4 0
3 years ago
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