Solution-What is the amount of Selena gross income

What is the amount of Selena gross income

Reference no: EM132686806

Question - Selena Máxima Gómez received $10,000 of interest from a corporate bond and $1,000 of interest from a certificate of deposit. She also received $1,000 of interest from a municipal bond, $1,000 of interest from a US Treasury bond and $1,000 of interest from a mutual fund. What is the amount of Selena's gross income?

A. $10,000

B. $11,000

C. $12,000

D. $13,000

E. $14,000

Reference no: EM132686806

Questions Cloud

What are the firm expected cash receipts for June : The remainder are collected evenly over the following 2 months, what are the firm's expected cash receipts for June, July, and August

Which state should boeing choose : Let's just say, California has a corporate tax rate of 15%. Which state should Boeing choose based upon tax considerations only

How much of the expenses can he deduct : Apu Nahasapeemapetilon, CPA has AGI of $50,000, Assuming Apu is self-employed, how much of the above expenses can he deduct on his federal tax return

Journalize the adjusting entry for the end of the period : Underwood Company's ledger at the end of the current year shows Accounts Receivable of $150,000. Journalize the adjusting entry for the end of the period

What is the amount of Selena gross income : Selena Máxima Gómez received $10,000 of interest from a corporate bond and $1,000 of interest, What is the amount of Selena gross income

What steps could be taken by the parties to reduce the GST : Mary and Tony have owned a bookshop in Ryde for many years and their business has been very successful. What steps could be taken by the parties to reduce GST

Prepare journal entry to record company payroll expenses : On January 15, the end of the first biweekly pay period of the year, Prepare journal entry to record Company payroll expenses

What are the accounts affected : The business received $1,200 cash in referral fees from various customer, what are the accounts affected and what is its increase or decrease

Find the accrued interest based on the interest rate : A corporation borrowed $30,000 as a small business loan from a local bank in 2018. Find the accrued interest based on the interest rate

User Account

All Pages

What is the amount of Selena gross income

Reference no: EM132686806

Reference no: EM132686806

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

What is the adjusted basis of mr ds stock on december

You own a portfolio equally invested in a risk-free asset

Communication to the audit committee

Computing the two bids

Identify the type of potential threat to independence

Compute the couple adjusted gross income on a joint return

What are role of accountants in the accounting profession

Aspects of the regulatory environment

Prepare the year-end balance sheet

How do calculate the present value for a three-year period

Bursa expects machine-hours in may to equal 5300 use the

Compute product line profits-loss for the standard model

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT