If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE
<h3>
What are tax returns?</h3>
- A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information.
- Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments.
- In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.
- For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).
Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.
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Complete question:
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE
<span>Systematic indoctrination of fresh associates in the tradition's basics, regular recurrence of central costs through higher managers and team associates, and usual rituals honoring associates who show required cultural behaviors</span>
Answer: $8,400
Explanation:
The $9,600 is for 2 years in advance. This can be apportioned per month at a rate of;
= 9,600/24
= $400 per month.
October to the end of the year is 3 months so;
= 400 * 3
= $1,200 will be recorded for the year.
Prepaid Insurance will therefore reduce to;
= 9,600 - 1,200
= $8,400
Buying a new car is not an example of a risk management strategy.
<h3>What do you mean by risk management strategy?</h3>
A risk management strategy is a systematic and consistent approach to identifying, assessing, and managing risk.
Travel insurance is an example of this. We do not accept the risks of a lost suitcase or an accident abroad, as well as the associated costs; instead, we pay a travel insurance company, so that they bear the financial consequences.
Thus, Buying a new car is not an example of a risk management strategy.
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Answer:
$750
Explanation:
Calculation to determine what the amount of supplies expense reported on the Year 2 income statement is:
Using this formula
Supplies expense=Balance in Supplies account
+Cash paid to purchase supplies)-Supplies on hand
Let plug in the formula
Supplies total amount =($200 + $600) -$50
Supplies total amount=$800-$50
Supplies total amount=$750
Therefore the amount of supplies expense reported on the Year 2 income statement is:$750.
