Answer:
.
Step-by-step explanation:
The answer would be C. HIS FILING STATUS.
Given:
Single father.
income of 50,000
interest income from CD of 1,000
filing status: HEAD OF HOUSEHOLD.
In using 1040EZ form for filing his taxes, must file as ''SINGLE''. This form can also be used by married individuals who are filing under the status of "Married filing jointly.".
Since Spencer is filing under the status of HEAD OF HOUSEHOLD, he should use either 1040 or 1040A.
Answer:
130
Step-by-step explanation:
2x+5x+5=180
7x+5=180
7x=175
x=25
5(25)+5=125+5=130
Answer: Accrual accounting method recognizes and reports revenue when it is earned irrespective of when it is received. In laymen terms, it is recognized when a sale occurs. This recognition task can easily take up several forms as organizations provide different services and commodities to individuals.
