Answer:
Great Lakes should recognize on the income statement for the year ending December Year 1 $4,000
Explanation:
The income statement only recognize the amount of money that was generated during the period of the income statement.
If the company invoiced by month, it only recognize the total amount for the last four months of the year.
Considering the situation described above, the 2 questions that Josie should consider during her research include "<u>In your respective industry, what is the most important advice you can give to a first-time investor.?"</u>
The other question Josie should consider during her research include:
<u>Considering the current pandemic period, which line of investment has stood the test of time?</u>
These questions is expected to yield answers that would guide Josie on how to implement her investment strategy to yield desired results.
Hence, in this case, it is concluded that Josie needs to ask the right questions to give her informative answers that can be used in the investment implementation.
Learn more here: brainly.com/question/17728414
The anwser 1,000m/s. Good Luck.
Answer: $2722
Explanation:
Ensley's automobile deduction under the actual cost method is calculated below:
Gas and oil = $1800
Add: Insurance = $980
Add: Repairs = $360
Add: Licenses and registration fees = $50
Total Expenses = $3190
We then calculate the business usage which will be:
= 80% of $3190
= 0.8 × $3190
= $2552
We then add the cost of business parking and tolls, then the total deduction will be:
= $2552 + $170
= $2722
Answer: (B)
Explanation: so you can save your money that is the wi way