User Account

All Pages

What is her assessable income

Assignment Help Accounting Basics
Reference no: EM133159686

Question - Julie lives in the country of Snowland. She has: a full-time job earning a gross salary of $45,000 per year; $27,000 in a 1 year term deposit that will earn interest at the rate of 5% per year; and study expenses of $2,000 per year that are an allowable deduction.

What is her assessable income (to the nearest dollar)? Please do not include dollar signs or commas in your answer.

Reference no: EM133159686

Questions Cloud

Record the bond issue and first interest payment on june : A company issues 9%, 11-year bonds with a face amount of $70,000 for $75,058 on January 1, 2021. Record the bond issue and first interest payment on June
Development of care for the mentally ill and children : Trace the development of care for the mentally ill and children from the 1850s to the 1930s. How did the care change? Why did it change?
How many units must be sold to break even : Tim Taylor has written a self improvement book that has the following cost characteristics:
Thinking back to fiscal federalism : Thinking back to fiscal federalism, what are unfunded mandates and why are they controversial? Give some examples of these kinds of policies?
What is her assessable income : Julie lives in the country of Snowland. She has: a full-time job earning a gross salary of $45,000 per year; What is her assessable income
Explain the relevant critical success factors : Identify and explain the relevant critical success factors that need to be considered for dealing with the PTBS and implementing change in your chosen business.
Benchmark jobs for yoga instructors : Why to choose the following jobs as a benchmark jobs for Yoga Instructors? *with respect to jobs, duties and responsibilities*
Interview questions for the job description : Find a job description that interests you and post the link, please.
Counterbalance the beginning ascent in cash demand : The LM bend is up slanting on the grounds that the loan cost and result have a positive relationship in the currency market: as pay {indistinguishably equivalen

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the appropriate journal entries to record inventory

Using the valuation allowance method, prepare the appropriate journal entries to record inventory adjustments for 2017 and 2018

  What is the break-even point in number of units to be sold

QRS Distributors, Inc. Total fixed cost is Php 218, 400. What is the break-even point in the number of units to be sold and the amount of sales?

  What are the tax consequenses from receiving these funds

Telsa Corporation received $400,000,000 from the state of Nevada to built a plant in that state. What are the Tax consequenses from receiving these funds

  Question - horizontal and vertical analyses

Question - Horizontal and Vertical Analyses - Perform horizontal analysis on each of the items in the above comparative income statements

  What amount must irene include in her gross income

Irene received $250,000 of proceeds from life insurance on her husband, What amount must Irene include in her gross income

  What is the difference between a product and a period cost

What is the difference between a merchandising and manufacturing company? What are the different stages of production in a manufacturing company?

  What the realized gross profit on collections

Dipolog Company sells appliances on the installment basis. What the realized gross profit in 2008 on collections of 2008 installment sales was

  Indicate the effect the transaction has on cash

Prepare Pharoah's journal entry to record the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.

  ACCT 4022 - Advanced Accounting Assignment

ACCT 4022 Advanced Accounting Assignment Help and Solution - Louisiana State University, USA. What was the company's estimated cost of goods sold

  Why might he want to increase the riskiness of the firm

Explain, verbally, how MM use the arbitrage process to prove the validity of Proposition I. Also, list the major MM assumptions and explain.

  Prepare necessary journal entries for the entire lease term

The lease provides for a transfer of title to the lessee at the end of the lease term. Prepare necessary journal entries for the entire lease term

  Head of international marketing

You're the CFO of the Kraknee Roller Skate Company, which sells roller skates worldwide and also builds and operates roller rinks. Some time ago Archie Speedo, the head of international marketing, proposed selling skates in Russia.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd