If a tenant fixes an item in a rental and takes a deduction from the rent to reimburse themselves, the expense is not deductible. Select one: O True O False
Q: tax credit og 1,500 will reduce a taxpayers taxable invome to 1,500 true or false
A: The process by which authorities levy fees on individuals, organizations, or other entities to raise…
Q: Suppose that a firm has the option to make or buy a part. Its annual requirement is 11,000 units. A…
A: A make-or-buy decision alludes to a demonstration of utilizing cost-advantage to make an essential…
Q: Non-inventory goods were purchased and delivered on June 15, 2010. Several security interests exist…
A: Financial management is a significant part of running any association, whether it's a business,…
Q: On janury 1 of 2017, year company purchased the following equipment. How much wii you depreciate for…
A: Depreciation = (Purchase Price of asset-Salvage Value)/Estimated Useful Life of asset =…
Q: man Publish company is considering publishing an electronic textbook about spreadsheet applications…
A: The following facts are providedFixed cost $170000Variable cost$ 5 per bookPrice$ 45Demand3700…
Q: A small medical supply company sells cash only, the cash sale procedure involves several steps:-…
A: The documented flowchart will be as follow: Sales Clerk ↦ Triplicate Invoice ↦ Customer (takes…
Q: The two primary goals of the claims function are keeping the insurer’s promise and supporting the…
A: The insurance is take so as to minimize the risk and shift the risk.
Q: Melvin enters into a contract with Rhonda under which Rhonda agrees to build a customized model…
A: In considering the efficiency of breaching the contract, we need to assess the situation by…
Q: need help asap
A: Business, organizations, individuals function in an environment that is volatile. The environment is…
Q: Explain correct and incorrect option with explanation please.
A: Option a: This option is incorrect because prepaid expenses are those that are not yet incurred but…
Q: d. Which of the fllowing has the highest Purchasing Power Risk and why? 1. A store building Rented…
A: ANSWER: OPTION (A) IS THE CORRECT ANSWER.
Q: Electronic bill presentment and payment is one of the ways of making electronic payments.
A: Most of the companies prefer different acceptance of payment such as the payment through cash or the…
Q: 41. Which factor does NOT reduce moral responsibility or blame:a. Minimal contribution b.…
A: The correct answer is letter "c" - Following orders.Following orders does not reduce moral…
Q: 9. Nizwa Company bought an equipment for manufacturing tube lights and the company management…
A: Depreciation is the expensing of an asset involved in producing revenues throughout its useful life.…
Q: The signature of the cheque maker is necessary. True False
A: The check payer or maker is also known as an account holder, or a drawer is a person who prints and…
Q: Which of the following risk responses is not considered risk transfer? a. Joining a third-party…
A: Risk management is an organized and vital cycle that includes distinguishing, surveying, and…
Q: A slotting fee is a payment that a Select one: O a. wholesaler makes to place a new product on a…
A: A Slotting fees is a payment - manufacturer makes to place a new product on a retailer's shelf.
Q: No notice to terminate is required for a tenancy for years. O True O False
A: Tenancy is the legal agreement between a landlord and a tenant for the renting of real estate,…
Q: Which one (1) of the following statements is true about coverage for loss or damage caused by an…
A: Insurance is a type of contract in which the insurer re-imburses the poilyc holders of the financial…
Q: Drawback(s) of Greenfield and Brownfield Investments: O Reduced risk of unknown liabilities O Wholly…
A: Greenfield and Brownfield Investments are two different strategies for investing in new markets or…
Q: Certain kinds of policy are generally available as "Valued" policies. Which one (1) of the following…
A: Note: "“Since you have posted multiple questions, we will provide the solution only to the first…
Q: Henrietta wrote a check 1o Belk for $948 she knew her checking account had less than $36 and that…
A: False pretenses are those claims made or implied especially and are not supported by facts. These…
Q: Susana, the insured contacts her broker stating that her 2020 vehicle is now paid off and no longer…
A: Note: As per guidelines we will author only one question at a time. Please post questions separately…
Q: The Company has the oppotunity to introduce a new product. The sales manager believes that the firm…
A: The Net Present Value is calculated with the help of following formula. Net Present value = Present…
Q: 3. Assume a company receives cash from different geographic areas of $500,000 daily. The average…
A: Savings in days of cash float due to the installment of lockbox system= 2 days Savings in terms of…
Q: An insured has a homeowners policy and requires her to be a member of the homeowners association in…
A: The correct option is likely C) $1,000, but the actual amount the homeowner's policy will pay…
Q: A. Last month, a team of sales personnel recorded a Php40,000.00 monthly gross sales. The manager,…
A: Solving Part A: Given Information: Month Sales = PHP 40,000 Team Bonus = 15*Gross Sales Amount…
Q: In the cash count made on 10.05.202, a cash balance of 35,000 TL was determined. As of the same…
A: The correct option will be - D) 397 Count and Receipt Surplus Hs. 5,000 TL (Creditor)…
Q: Mark and Mary are a married couple who will file a joint return in 2021. They have $350,000 in Box 1…
A: Mark and Mary, a married couple filing jointly in 2021, have combined income from wages and capital…
Q: The basis of property acquired as a result of an involuntary conversion is equal to the cost of the…
A: Here, the above question is about the true of false statement, in case of involuntary conversion, we…
Q: A visitor to your client's home who is a licensed driver from another province in Canada, but does…
A: In the context of insurance policies, it's important to understand the terms and conditions that…
Q: Pipe Company orders six irrigation pumps from Quality Pumps Inc. The pumps are stored in Re-storage…
A: Please find the answer below.Warehouse receipt:A document provided by Quality Pumps Inc. to Pipe…
Q: In an attempt to have funds for a down payment, Carmella Carlson plans to save $3,850 a year for the…
A: The objective of the question is to calculate the future value of Carmella's savings after five…
Q: Estes Bal. 200 200 150 Truong Bal. 0 100 100 Gehrke Bal. 100 100 150 Weiser Bal. 100 100 100 100…
A: Step 1:Identify the Accounts Receivable Subsidiary Ledger Accounts: In the problem, we're given a…
Q: Required information [The following information applies to the questions displayed below.] Moran…
A: The gain or the loss depends upon the sale of the assets and the book value of the assets. If it is…
Q: To protect themselves, restaurant owners should make their lease contingent on obtaining the…
A: Obtaining licences and permissions is one of the first duties for any new business. Even an…
Q: Explain what to look for in selecting a rental and the procedures for renting. Please complete your…
A: Rentals are those commodities or property that is given by the owner to another person for a span…
Q: ABC company purchased a machine use to their business whose first cost is P 500,000 with an…
A: The question is related to Depreciation. The Depreciation as per Straight-line Method is calculated…
Q: A raw material sales reрresentative will get 2 % commission on the first Ρhр 200,000.00 of his…
A: Commission refers to the amount which a salesperson gets upon making some particular levels of sale…
Step by step
Solved in 3 steps