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3 years ago

The _____________ represented sweeping changes to the tax code and reframed the computation of employee income tax.

1 answer:

8 0

The Tax Cuts and Jobs Act represented sweeping changes to the tax code and reframed the computation of employee income tax.

Tax Cuts and Jobs Act serves as the established act that focus on the changes to the tax code as regards the employees.

Therefore,Tax Cuts and Jobs Act changes to the tax code reframed the computation of employee income tax.

Learn more about Tax Cuts and Jobs Act at:

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The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $2

mamaluj [8]

Answer:

1.Adjustment required=$6713

Attachment contains the calculation, journal entry write off and allowance for doubtful account

Explanation:

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3 years ago

Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?

Svet_ta [14]

Answer:

b. cost-plus pricing

Explanation:

cost-plus pricing is a price base that involves a markup addition to the cost of services and goods to get to the final selling price. In this technique you compute all cost (material, labor, etc) and then add a percentage in order to obtain the product's price

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3 years ago

Samuelson has a beginning inventory balance on January 1 of 12,000 units and desires an ending balance of 20% of the next month’

Oduvanchick [21]

Answer:

Production during January= 9000 units

Explanation:

By the following information, we need to calculate the number of units to produce in January:

beginning inventory 12,000 units

Sales January = 17000 units

Sales february= 20000

Ending inventory= 20% of expected sales for next month

Production during January= Sales January + ending inventory - beginning inventory

Production during January= 17000 + 0,20*20000-12000

Production during January= 9000 units

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3 years ago

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A firm's annual stockholders' report ________. A. summarizes and documents the firm's financial activities during the past y

Ira Lisetskai [31]

Answer:

<u>A. summarizes and documents the firm's financial activities during the past year</u>

Explanation:

A forms annual report is a consolidated report on the financial standing of the company interns of assets and the liabilities and also includes other financial activities done by the company through the preceding year.

The report is meant for the shareholders and tells about the companies financial information along with the financial performance of NPAs and the company stocks this includes balance sheets, audit reports, and income statements.

Statement regarding the directors, shareholders, and judgment of the estimated values and the claims that the company will continue to do business with.

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3 years ago

Delta Manufacturing has budgeted the following unit sales: 2019 Units April 25,000 May 40,000 June 60,000 July 45,000 Of the uni

Greeley [361]

Answer:

The budgeted sales for coastal division for second quarter 2019 is $750,000

The budgeted sales for central division for second quarter 2019 is $900,000

Explanation:

Coastal division sales budget for the second quarter 2019

Months Quantity sold price total revenue

April 25,000*40%=10,000 $15 $150,000

May 40,000*40%=16000 $15 $240,000

June 60,000*40%=24000 $15 $360,000

Total coastal division budgeted sales for second quarter $750,000

Central division sales budget for the second quarter 2019

Months Quantity sold price total revenue

April 25,000*60%=15,000 $12 $180,000

May 40,000*60%=24,000 $12 $288,000

June 60,000*60%=36,000 $12 $432,000

Total coastal division budgeted sales for second quarter $900,000

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3 years ago

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