Gross income before adjustments

Assignment Help Accounting Basics

Reference no: EM13148306

Jeremiah and Megan had the following as income and expenses during the year:

Self employment Activity
Gross income 35,000.00
Business license fee 500.00
Marketing expense 2,000.00
Salary paid to Megan 10,000.00
Jeremiah wage from his job 67,000
Interest from savings 1,500
Short term capital gain 15,000

What is Jeremiah and Means gross income before adjustments?

Reference no: EM13148306

Questions Cloud

Two smoothing constants of forecast including trend model : Which of the following is true regarding the two smoothing constants of the Forecast Including Trend (FIT) model (which is also called exponential smoothing with trend adjustment)?

Compute the molality of the ethylene glycol : An aqueous antifreeze solution is 40.0% ethylene glycol, C_2H_6O_2, by mass. The density of the solution is 1.05 g/ml. Calculate the molality of the ethylene glycol.

Problem on spending variance for supply costs : The company's owner budgets for supply costs, a variable cost, at $2.10 per square foot. The actual supply cost last month was $3,260. In the company's flexible budget performance report for last month, what would have been the spending variance f..

How plants and animals are able to meet these challenges : There are many challenges that organisms must meet to survive. Describe two challenges and explain how plants and animals are able to meet these challenges. Be specific about structures (anatomy) involved and molecules (physiology) involved.

Gross income before adjustments : Jeremiah and Megan had the following as income and expenses during the year: What is Jeremiah and Means gross income before adjustments?

Find probability that better walks is on the fourth pitch : That successive pitches are independent of oneanother. Knowing this, the opposing team manager has instructed his hitters to not swing at anything. The better walks on the fourth pitch.

Which type of succession takes longer : Which type of succession takes longer? a) primary succession or b) secondary succession?

Draw a structure for a compound that meets description : Draw a structure for a compound that meets the following description: A compound C3H5N with an IR absorption at 2215 cm-1 but none at 3300 cm-1

What was the amount of the equal annual end-of-year payments : What was the amount of the equal annual end-of-year payments for each of ?rst 3 years? b. What was the amount of the equal annual end-of-year for each of the last 3 years?

User Account

All Pages