In the case Selfe v. United States, 778 F.2d769, the taxpayer established a line of credit in her own name, secured by…
| (TCO B) Adjusting Entries: Unearned rent at 1/1/10 was $5,300 and at 12/31/10 was $6,000. The records indicate cash receipts from rental sources during 2010 amounted to $60,000, all of which was credited to the Unearned Rent Account. You are to prepare the missing adjusting entry. For each journal entry write Dr. for debit and Cr. for credit.…
The Naabs would wind based on adverse possession and prescriptive easement. When the Naabs purchased the property, they became the adverse…
BE4-1 Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transactions would have upon cash and net income. The first transaction has been completed as an example.…
Roommate.com, LLC is classified under 230 as an “information content provider” because the website made the questions, force users to answer them in order to use the website and posted them on their website. The court came to the conclusion; Immunity through section 230 of the CDA does not protect Roommate.com, LLC. The court rationalized that since Roommate, LLC required subscribers to answer questions about sex, sexual preference, and family status that makes Roommate.com responsible in part of the content for each profile page. There is no way to opt out which makes Roommate.com not protected under immunity in section 230 of CDA. Since, the…
| Amanda should file her request as a separate return, and Head of household, so she is entitled to a personal exemption, standard deduction as a head of household and dependency exemption for Alex Jr. only.…
QUESTION 1 1. Annie's Attic has the following account balances for the dates given: Cash, Sept 1 $40,000 Cash, Sept 30 60,000 Accounts receivable, Sept 1 10,000 Accounts receivable, Sept 30 14,000 Owner's equity, Sept 1 ? Owner's equity, Sept 30 ? Supplies, Sept 1 30,000 Supplies Sept 30 24,000 Accounts payable, Sept 1 6,000 Accounts payable, Sept 30 ?…
Fed Up Deli uses accrual basis accounting. Indicate the amount of expense (if any) that Fed Up…
Once I finished reviewing the Accounting Memo sent to Andrew and team mates. I found several items that need to be changed in order to be re-directed to the Chief Financial Officer. This memo was written very informal since this was directed to a fellow team mate. All formal method of communication need to write out the entire word. In this case the word memo was abbreviated instead of writing out memorandum. There is no abbreviation and always use complete sentences. Rewording the memorandum and reorganizing the words will make a more complete and will cost no confusion to the reader. Example, for this memo, “We will have a meeting this Wednesday to discuss the Last In/First Out versus First In/First Out methods and the cost of goods. The Chief Financial Officer will need to present this information to the company’s president and board later this month.” Now the second paragraph could start by saying, “In order to continue reducing our federal and state taxes we recommend to continue with the use of LIFO. This way we can avoid getting to any inflationary economic issues. The abbreviations once again are used with P&L. The entire word Profit & Loss Statements needs to be written out to avoid confusion. The two bullet points are incorrect as noted. We could replace both bullet points by making to two complete sentences. Final paragraph has no relation to the entire memorandum. There is no need to talk about other companies that do not have any relation to our concerns. This memo was written without taking into consideration the audience. Memorandums weather informal or formal need to be written in a professional format. This is regardless who the audience might be. Many times memorandums are sending as a group message and this could include coworkers, upper level managers or even the CFO and the company’s president.…
Enclosed is the informal report about the culture in China for the Sales Team with Kelly Services, which you requested on April 11, 2009. You will find a great deal information pertaining to the Chinese culture and their etiquette practices. China has a rich culture infused with rituals that it will be necessary for company to learn from a business aspect.…
The residential management team is responsible for completing site visits weekly which are to be ongoing to ensure that EPIC’s residential locations are accurately managed and the needs of each resident is up to par and in accordance with COMAR regulations.…
Parks and Recreation Department for your review. A brief summary of the report is presented…
I thank you for your many letters; they were received on Friday. We don’t have mail service delivered to our homes like most of you are used to. All of our mail goes to the one post office and is available for pickup only at certain times. I’m still getting used to this as I’m a Californian who has been living outside of the country for the past eight…
I recently graduated from Queen Mary University of London gaining a BSc (Hons) in Physics with Finance (2.1). I would like to pursue a career in an analytical position and hope to continue studying to gain a CFA charter.…
At the request of my student Hong May, I am pleased to write this letter of recommendation in support of her application for admission to graduate study at your university. I am a senior professor specialized in the field of criminology for over 30 years, and have once pursued advanced studies in the University of Leicester in Great Britain. May has been a student in many of my classes during the past four years, so I have learned a great deal about her and her abilities, and I know she would do well if given the opportunity to continue her education.…