Answer:
c. $10,340
Explanation:
For year 2018, the deduction for medical expense is amount of qualified medical expense that exceeds 7.5% of AGI.
Expenditure Richard can deduct as medical expense = $5300 + $7900 + $5100 + $830 + $960 - 7.5% * $130000
= $10,340
As such option c is correct and other options a, b, d and e are incorrect.
Answer Including your stepparent's information on the FAFSA form helps create an accurate picture of your family's total financial strength
Answer:
the answer is true hope this helps
Revenue for property taxes collected more than 30 days after the fiscal year's end should not be recognised on the accrual method of accounting, according to GASB guidelines.
For state and municipal governments in the United States, generally accepted accounting principles (GAAP) are developed by the Government Accounting Standards Board (GASB), a private non-governmental organisation.
The transaction process must be initiated by a crucial event in accordance with generally accepted accounting standards (GAAP). According to GAAP, revenues are acknowledged when they are earned and realised, not necessarily when they are received. However, profits are frequently made and received in a single transaction.
Learn more about GASB here:
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Answer:
1. D (higher income with variable costing) 2. B (fixed costs remain the same as production level changes 3. C (variable costs decrease as production decreases)
