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Problem 1: In Detail Explanation of how to file the income from online tutoring according to the Income Tax, 1961. Thorough explanation is required with the nuances of the exact way to be followed to file the return with regards to income from online tutoring. Please mention whether the income from online tutoring can be filed on the basis of presumptive income tax rates and whether income from online tutoring is covered under the presumption income activities purview of the Income Tax Act, 1961.
In examining financial statements, financial analysts often write off goodwill immediately. Evaluate this procedure.
An invoice received by Best Buy and dated March 26 has a net price of $10,985 with terms EOM 2/15. Find the latest date a cash discount is allowed
Determine the net present value of the investment in the machine. Compute the simple rate of return on the new automated bottling machine
Prepare departmental income statements that show the company's predicted results of operations for calendar year 2012
Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31
Calculate the amount Yard Art Landscaping would record as a leased asset and a lease liability.
Assuming Sherry's marginal tax rate is 24 percent, how much of the $17,900 withdrawal will she retain after taxes to fund her car purchase
the final processing department in carols production facility began the year with no work in process inventories.
Product-cost cross-subsidization is more likely to occur when:
1. after the accounts are adjusted and closed at the end of the fiscal year accounts receivable has a balance of 340000
Prepare the journal entry to record the reimbursement of the petty cash fund and reduce the fund to $200.00, using the same entry
Fifteen years ago, you deposited $12,500 into an investment fund. How much money do you have in your account today
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