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2 years ago

12

Kari needs to change the brightness and contrast on an image she has inserted into a word document. Which group should she use t

o do this?

1 answer:

algol132 years ago

5 0

Under picture tools, on the format tab, in the adjust group.

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Flipco signed a 10-year note payable on January 1, 2018, of $ 800, 000. The note requires annual principal payments each Dece

kirill115 [55]

Answer:

A. a debit to Interest Expense for $ 36, 000

Explanation:

Based on the information given we were told that Flipco has note payable on January 1, 2018, of the amount of $800,000 and on December 31 we were told that the loan requires annual principal payments of the amount of $80,000 in addition with 5% interest. This means that the Journal entry to record the transaction on December 31, 2019 will includes a Debit to interest expense for $36,000 calculated as :

Interest expense= $800,000-$80,000

Interest expense=( $720,000* 5%* 12/12)

Interest expense =$36,000

Therefore the Journal entry to record the annual payment on December 31, 2019 will includes :

A Debit to interest expense for $36,000

7 0

3 years ago

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

ale4655 [162]

Answer:

I will use the 2020 tax schedule since recovery rebate credit applies to 2020:

Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $64,000 + $12,000 + $500 = $76,500

they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)

contribution to IRA = ($2,500)

alimony payment = ($1,500) the divorce agreement was settled on 2005

Marc and Michelle's taxable income = $48,100

Marc and Michelle's tax liability = $1,975 + [12% x ($48,100 - $19,750)] = $5,377

Interests on municipal bonds is not taxable.

The amount of taxes that they owe = $5,377 - $3,500 (federal tax withholdings) = $1,877

Refundable tax credits:

$2,000 in child tax credit

$2,900 in recovery rebate credit

total = $4,900

taxes payable or refund = tax liability - refundable tax credits = $1,877 - $4,900 = -$3,023.

Marc and Michelle should get a refund for $3,023

4 0

3 years ago

Quality Vacuum has been manufacturing excellent vacuum cleaners for over 50 years. In the employee break room is a banner that r

balu736 [363]

Answer: <em>Mission statement </em>

Explanation:

Mission statements are referred to as a short statement that tends to elaborate on the topic of why a company exists, and what its aim and overall objective is, also with an inclination towards finding goal of their operations, i.e. what type of commodity or service it tends to provide, its primary market or customer, and also their geographical area of the operation.

4 0

3 years ago

The buyers purchased a residence for $195,000. They made a down payment of $25,000 and agreed to assume the seller's existing mo

Phoenix [80]

Answer:

Option (d) purchase-money mortgage

Explanation:

Option (d) purchase-money mortgage

A purchase-money mortgage is a sort of mortgage issued to the customer or buyer of the property, in which the owner or the seller of the property himself lends the load to the buyer to buy the property.

This type of condition arises usually when the buyer is not able to get the loan from the traditional channels like the bank due to various reasons.

6 0

3 years ago

A graduated payment mortgage allows the buyer to ___.

Tamiku [17]

D. Not have a downpayment.

Due to the nature of the mortgage.

5 0

3 years ago

Read 2 more answers