Home raids, Car searches, Phone searches. Anything that the government or the authorities do not have a warrent to look through, they cannot lawfully look through it.
Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:
An activity or business is classified as hobby :
- The owner of the business is not making profit from the business
- When their is no proof as to whether the business owner is making profit
- When the owner does not intend to make profit from the business etc
Based on the given information the revenues or income amount of $18,000 will be the amount that will be reported by Alex as part of the gross income.
While the expenses or property taxed amount of $3,000 is deductible because the deductions are itemized deductions.
Inconclusion Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:
Learn more here:
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Answer:
Explanation:
Base on the scenario been described in the question, we use the following method prepare and slove the given problem
Solution to the problem is in file attached below
Option c will be
Base on this, the Cost of goods sold: $ 934
To foster intrinsic motivation in its workforce, Aperture Science should give employees a "free day" every two weeks to pursue ideas for new educational toys.
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What is intrinsic motivation?</u></h3>
- Behavior that is motivated by internal rewards is referred to as intrinsic motivation. In other words, you are motivated to act in a certain way because it makes you feel good inside.
- Compare this to extrinsic motivation, which entails acting in a certain way to obtain benefits from outside sources or avoid punishment.
- You are operating out of intrinsic motivation if you are reading this article because you are interested in psychology and just want to learn more about the subject of motivation.
- However, you might be reading this because you need to study for a class and don't want to get a failing mark. If so, extrinsic motivation is driving your actions.
Many businesses encourage their employees by allowing them free time to pursue their interests. Making time for enjoyable tasks has been proved to increase employees' feelings of autonomy and to be a fantastic source of invention.
Know more about intrinsic motivation with the help of the given link:
brainly.com/question/3143857
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Option D Increase Decrease
Adjust a gain by crediting as unrealized gain and record a loss by debiting as unrealized loss in accumulated and other income account
Explanation:
Unrealized holding of gains and losses on securities available for sale may consider as unrealized gain or unrealized loss by considering the current market value (price) of such related securities in the securities market. The unsold securities occurs only on paper and has yet to be recognized by selling the same.
Only some unrealized gains are reported on the income statement and increase your net income, or profit and some unrealized losses are reported on the income statement and decrease your net income, or profit. So the option D - increase decrease has to be taken as answer for this question.