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Mr mrs thompson intented to file their return as marry filing jointly. they have 2 children 12 yrs daughter shelly and 21 yrs old son ryan. ryan lives at home with them;he is a senoir in college and the parents are not sure if they can clain him on their return. ryan has a summer job and a part time job during the yr. he recieve total wages 4,500. ryan used his money for the following items/ car insurance 846 /food when out 520/ trip to mexico 998/ books 375/ movies etc 680/ saving 600/clothing 482/ total expenes 4 the household include/rent 9,600/ utilies 1,800 food 4200 repair 600/ ryans parent had the following expenditures for his support/ clothing 390/ education 1500/ dentist 150 ski trip 560 1. what amount of ryan funds was used for his support a. 3600b. 4500c.3900 d. 6650 2.what is each pearson part of the household expeneses a. 9600 b.4050 c.6650 d.10,550 3.what was the total cost of ryan support 4 the yr a. 10;505 b.7964 c.10,550 d. 16,200 4. what is the amount provide 4 ryans support from other sources a.0 b.3900 c.10,550 d.6589 5.what is 50 percent of line 19
During a period of consistently rising prices, the method of inventory that will result in reporting the greatest cost of merchandise sold is:
pdf corp. needs to replace an old lathe with a new more efficient model. the old lathe was purchased for 50000 nine
On June 1 capian company borrows $90,000 from first bank on a 6 month $90,000, 12% note. Prepare the entry for june 1; prepare the adjusting entry for june 30; prepare the entry at maturity (december1), assuming monthly adjustment entries have bee..
Lacy's Linen Mart uses the retail method to estimate inventories. Data for the first six months of 2011 include: beginning inventory at cost and retail were $60,000 and $120,000, net purchases at cost and retail were $312,000 and $480,000, and sal..
on october 2 of this year kerri industries a business that uses the calendar year as its tax reporting year acquired
how to include depreciation and working capital in the following NPV analysis, because depreciation for the machinery goes for longer than the project timeline, and working capital needs to be accounted for as a percentage of sales.
The old used truck cost $4,800 and on March 31, the end of the quarter, had depreciated $3,180 straight-line depreciation on the old truck is $80 per month. The new truck listed for $ 18,950 and wumbaugh Auto Sales allowed a $2,825 trade-in allowa..
Natalie is also thinking of buying a van that will be used only for business. Natalie is concerned about the impact of the van"s cost on her income statement and balance sheet.
muller corp. pays its employees monthly. the payroll information listed below is for january 2013 the first month of
owned 51 of the voting common stock of sanatee inc. the parents interest was acquired several years ago on the date
below is a list of accounts with corresponding balances.nbspnbspusing these accounts along with the fact that the
in its 2012 report volkswagen included the following cash-flow statement in millions20122011profit before
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