Answer:
debit teaching supplies expense
credit teaching supplies
(9000-3840)
9000 is from general ledger
Explanation:
Answer:
Walking to the convenience
store to buy a snack.
-4.45%
Real interest rate is the nominal interest rate minus the rate of inflation:
7.85-12.3 = -4.45%
Answer: The correct answer is the IRS deductible rate for 820 miles.
Explanation: In order to claim an item as a business expense you need to have documentation for the expense. In the case of mileage, there needs to be documentation for the trip. The amount that Ryan can write off is the IRS deductible amount per mile, which is .58 per mile in 2019 for 820 miles. This amount for 2019 is $475.60.