Answer:
D) $1,053,000
Explanation:
Calculation to determine what Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are
Sec 179 immediate expensing $1,020,000
MACRS depreciation:
Add Basis for depreciation $33,000
[($1,185,000 - $1,020,000 Sec. 179) × .20]
Total depreciation $1,053,000
($1,020,000+$33,000)
Therefore Chahana's total deductions for 2019 (including Sec. 179 and depreciation) are:$1,053,000
YES, mixed economy have private ownership.
A mixed economy is variously described as an economic machine mixing elements of a market financial system with factors of a deliberate economy, markets with country interventionism, or private organisation with public organisation. common to all blended economies is a mixture of unfastened-marketplace principles and principles of socialism.
A blended economic machine is a device that combines components of both capitalism and socialism. A blended monetary machine protects personal property and permits a degree of financial freedom in the use of capital, but additionally allows for governments to intrude in financial sports if you want to reap social objectives.
Learn more about mixed economy here:brainly.com/question/13467040
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Answer:
Allowance for Doubtful Accounts 100 Accounts Receivable 100
Explanation:
The allowance method first estimates an allowance for doubtful debts.When the company receives the actual figure of the amount that have gone wrong, it writes off the trade receivable and utilizes the allowance provided for
<u>When allowance is estimated </u>
Bad Debts (debit)
Allowance for doubtful debts (credit)
<u>When the actual figure of the amount that have gone wrong is obtained</u>
Allowance for doubtful debts (debit)
Account Receivable (credit)
Answer:
They came back home at 12 pm
Explanation:
Giving the following information:
The Burkes pay their babysitter $5 per hour before 11 P.M. and $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter $27.50.
We need to formulate the total cost:
TC= 5*x + 7.5*y
x=5*4= 20
y=7.5*1= 7.5
TC= 5*4 + 7.5*1= $27.5
They came back home at 12 pm
