Answer is A. Debt. Or possibly revenue
The answer is A. True
Well, basically all types of business organization need to follow a particular framework and provisions.
It help to prevent a future misconduct between partners, and to keep the company in the good side of the Law
Answer:
the Cash outflows for rent in Year 2 is $253,000
Explanation:
The computation of the Cash outflows for rent in Year 2 is shown below:
Prepaid rent at year 2 $88,000
Add: rent expense $244,000
Less: prepaid rent in year 1 -$79,000
Cash outflows for rent in year 2 $253,000
Hence, the Cash outflows for rent in Year 2 is $253,000
The amount of Taxable income earned equals $164,258.37.
<h3>What is a
Taxable income?</h3>
It refers to any gross income earned that is used to calculate the amount of tax you owe.
Taxable income = $34,330 / .209
Taxable income = $164,258.37
Therefore, the amount of Taxable income earned equals $164,258.37.
Read more about Taxable income
brainly.com/question/25641320
#SPJ1
Sarbanes- oxley applies to publicly held companies.
What is covered under the Sarbanes-Oxley Act?
- All publicly traded American businesses are covered by the Sarbanes-Oxley Act. any and all wholly-owned subsidiaries operating in the United States.
- every foreign company with a public listing that conducts business here.
What are the Sarbanes-Oxley Act's fundamental rules?
- Each corporation is required by Rule 404 to implement efficient financial controls.
- Financial statements for each company must be personally certified by the CEO and CFO.
- If they violate the law, these officers could face criminal charges.
Learn more about Sarbanes-Oxley Act
brainly.com/question/28342793
#SPJ4
