Answer:
It required individuals to meet face to face in order to exchange products, which made it difficult for small, isolated societies to trade with other groups.
Explanation:
Gradpoint
Answer:
$13,000
Explanation:
Standard deduction for Married filling jointly = 24,000
Adjusted gross income = $40,000
Greater of itemized deduction ($13,050) and Standard deduction ($24,000) = $27,000
Taxable income = Adjusted gross income - The greater of the 2 above
Taxable income = $40,000 - $27,000
Taxable income = $13,000
So therefore, their taxable income for 2017 is $13,000
Answer:
I guess c or d not sure about it.
Answer:
Check the explanation
Explanation:
Journal Entries to be recorded in the books of Partnership accounts
a)Jesse's Investment
Account Name Debit($) Credit($)
Accounts Receivable(48,000-3600) 44300
Equipment(Agreed Price) 68,500
Allowance for Doubtful Debts 2500
Jesse,Capital A/c(Balancing Figure) 110300
b.Tim's Investment
Account Name Debit($) Credit($)
Cash 22000
Inventory(At Agreed price) 48000
Tim Capital 70,000
<span>Cash advance fee:
2% of $200 = 0.02 * 200.00 = $4.00
One month's interest, if the interest is compounded monthly:
18% of $204.00, divided by 12 months/year = 0.18 * 204.00 / 12 = $3.06
Total paid:
$200 + $4 + $3.06 = $207.06
Paying directly with the card instead of borrowing cash would have saved the $4 charge and would also have reduced the interest from $3.06 to $3.00.
Paying directly with the card and then paying before the billing cycle would also save the $3.00.She would only have paid the original $200, saving the whole $7.04.
Effect of paying directly with the card and paying it off before the billing cycle: $200 total paid, saving $7.04 in fees and interest.</span>