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Question - Belinda spent the last 60 days of 2020 in a nursing home. The cost of the services provided to her was $18,000 ($300 per day). Medicare paid $8,500 toward the cost of her stay. Belinda also received $5,500 of benefits under a long-term care insurance policy she purchased. Assume that the Federal daily excludible amount is $380. What is her available exclusion?
what are debits and credits? how are debits and credits employed to record business transactions? why do accountants
Angel model shoes to drop from $70 to $60 per pair. On March 15, Zaraz sold 300 pairs of the Angel model shoes. What is the cost of goods sold on the sale
Kate Greenway Corporation, having recently issued a $20 million, 15-year bond issue, is committed to make annual sinking fund deposits of $620,000. The deposits are made on the last day of each year and yield a return of 10%. Will the fund at the ..
ries corporation has received a request for a special order of 8200 units of product r34 for 34.60 each. the normal
Stacey and Andrew each own one-half of the stock in Parakeet Corporation, a calendar year taxpayer. Cash distributions from Parakeet are: $350,000 to Stacey on April 1 and $150,000 to Andrew on May 1.
munch printing inc. began printing operations on august 1. jobs 10 and 11 were completed during the month and all costs
Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. Calculate the predetermined overhead rate
parrett corp. acquired one hundred percent of jones inc. on january 1 2009 at a price in excess of the subsidiarys fair
Lithuania corporation operates a ferry service and owns four barges.
Advice to the business owner on how their business has performed for the month of March - recommendations to improve the profitability of the business.
all reconciling items at march 31 2010 cleared the bank in april. outstanding checks at april 30 2010 totaled 6000.
An item that cost Rs. 2300 was marked up 38 % of the selling price. After some time the item is markdown 30 %. Calculate the sale price after markdown
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