on january 1, ABC company provided $20,000 of service. the customers paid for the service with a credit card. ABC submitted the credut card receipts to the credit card company on january5. the credit card company charged ABC a 10% service fee. on january 12, ABC received the cash from the credit cardcompany. on which day is cash debited and accounts receivable credited? a. january 12 b. january 5 c. january 1 d. none of these

Q: nothing is there

A: Capital deduction rate for Trinidad and Tobago for buildings and improvements, motor vehicles, heavy…

Q: Give two examples of errors of principle?

A: Errors of principle refers to errors that are carried out at time of noting down transactions…

Q: Solution is totally wrong

A:

Q: The Sarbanes-Oxley Act requires the following?

A: Sarbanes-Oxley Act is formulated during 2002 under US federal law. The prime purpose of the act is…

Q: this is wrong. Answer is B

A: A dividend is defined as the part of the profit which is not distributed by the company among the…

Q: nonrecurring

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Q: Explanation 1031 like-kind exchange

A:

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Q: Why option A is incorrect?

A: revenue is generated by the business whenever  goods or services are sold by the business.this leads…

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A:

Q: What is an Anti-dilutive Security

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A: The like kind exchange is defined as the transaction of tax deferred which allows for asset disposal…

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Q: All of these say incorrect.

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Q: utio

A: In general, a "eligible rollover distribution" is any payment paid in a lump sum or over a period of…

Q: why would using a single WACC not be appropriate for valuing an LBO?

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Q: why would it not be option A

A: The T1 personal tax return is the tax return form required to be filed by all taxpayers in Canada.…

Q: Alternativ ousands) $500,000 gs (thousands) $131,900 y assumption, what is the PW 5.

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: answer to that problem is zero?

A: Accured liabilities and the liabilities which need to prepare within 1 year and the said  to be…

Q: Give two examples of errors of commission?

A: Accounting error: Accounting errors can be defined as omission of the fundamental accounting…

Q: Not sure

A: Formulas: Minimum stock price = Face value / Convertible shares

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.