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Radda [10]
2 years ago
12

Assume that the accounts receivable (in millions) were $1,308 at the beginning of

Business
1 answer:
IRISSAK [1]2 years ago
6 0

Answer:

<em><u>hhhhhhhhhhhhhhhhggggggg</u></em>

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Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

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An activity or business  is classified as hobby :

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Based on the given information the revenues or income amount of $18,000 will be the  amount that will be reported by Alex  as part of the gross income.

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Inconclusion Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

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When an insurance company chartered in another country has been licensed to operate in your state. In your state, the insurance company is called a foreign insurer.

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#SPJ1

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