What is the amount of penalty that may be assessed against the tax preparer for EACH failure to meet the EIC, CTC/ACTC/ODC, AOTC, and HOH due diligence requirements? $100 $250 $545 $2,180
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- Danielle Battle has trouble keeping her debits and credits equal. During a recent month, Danielle made the following errors: In preparing the trial balance, Danielle omitted a $5,800 note payable. Danielle recorded a $230 purchase of supplies on account by debiting Supplies and crediting Accounts Payable for $320. In recording a $280 payment on account, Danielle debited Supplies instead of Accounts Payable. In journalizing a receipt of cash from service revenue, Danielle debited Cash for $80 instead of the correct amount of $800. The credit was correct. Danielle posted a $900 utility expense as $90. The credit to Cash was correct. а. b. c. d. е. Required For each of these errors, state whether total debits equal total credits on the trial balance. 1. 2. Identify each account that has an incorrect balance, and indicate the amount and direction of the error (such as "Accounts Receivable $500 too high"). Requirement 1. For each of these errors, state whether total debits equal total…?Refer to CASE 1 (Company A): What is the activity rate for the Inspection activity cost pool $12.20 a O $890.00 b O $6.00 .c O None of the amounts given d OWhat is the result in C9? 1 2 34569 7 8 9 B Year O a. #DIV/01 O b. N/A O c. Accept O d. Reject 0 1 2 4 Cash Flow 8,200 1,400 2,500 3,100 4,800 8% D E F 4 Rate Decision IF(NPV(CB,C4:C7)>=C3,"Accept","Reject")
- Board HW #1 PRIOR SERVE COST = 500 EM YRS = 20 DO ENTRY NOW DO THE AMORTIZATION ENTRY EVERY YR Board HW #2 PRIOR SERVICE COST EMPL #1 = 6 YRS EMPL #2 = 5 YRS EMPL #3 = 4 YRS EMPL #4 = 2 YRS EMPL #5 = 1 YRS FIND THE AMORTIZ PER YR UNDER BOTH METHODSANotes X A Soluti x A Notes x A Soluti x A Tuton X Answ X OTgzNDkyOTcw/a/MJU1MTU2OT94NZAX/details 2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 Drawings Cash at bank Cash in hand Stock as at 1 April 2019 Return inwards Return outwards 300 8,000 3,800 2,900 Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 Wages and salaries RM1,750 iv. i. ii. i. Depreciation is to be provided as follows: a. Motor vehicles b. Office equipment 50 % reducing…i 1:50 O O *UN 40 80% 5 The company dseouteda P10.000, 0 ay, 6 ne on November 15, 2019, Orgnal entry Adisting ertry PHACTICAL EXERCISE testruction: Lung the ecerse mettod tis tare, p te ongral entry ot the tregoing ransations and the neonsary adjuing ery at the end of the acrting pered. Der. 31,201a Protiem Tha trai talance ot the Mabils Fapar Shop appean below at the and f in calondar penad MABLIS REPAR SHOP Trial Balance Decenter 31, 2019 Cash an tand Accounta Recevable Estnand Uncotectbie Accourta 10.000 25.000 P. 1.000 30.000 750 Ns Receivatie Shop Equohert Actumuuted Depreciafen-Shep Egipmert Furte and Fature Acrumuuted Deorsaton-Fuinture ard Fatue Accourts Poyable tows Payable Lenes Capits Leynes, Driwing Service ncome Salares Expanse Rant Expense Suopies Erper Tann and Liman Ligt and Water Expenua 2000 .000 5.000 11.000 12.000 44.750 1.000 30 D00 8000 4000 1.500 1000 105.500 105.S00 A4ssoral ielomation 1. Urpad taxes P600 2 Acorued satarien P1000 1 Acortued interst on netes…
- Opline Test Window- Google Chrome tests.mettl.com/test-window/f55ac827%#/testWindow/0/21/1 EY Accounting Assessment 0 Total 00:54:18 Finish Test Section 1 of 1 Section #1 v 15 16 17 18 19 20 21 22 24 23 25 22 of 45 All 2 43 Question # 22 Revisit Choose the best option Suppose that an entity has paid one of its liabilities twice during the year, in error The effects of this O Assets, liabilities, and equity are understated. mistake would be O Assets, net income, and equity are unaffected. O Assets and liabilities are understated. O Assets and net profit and equity are understated, and liabilities are overstated. Next Question Prev Question -91-82878-03040 Zaineh Support +1-650-924-9221 4:14 PM metti 1/16/2021Ch13 Deferred Annuity, Annuity Due and Perpetuity - Video Note - Word ferences Mailings Review View ACROBAT O Tell me what you want to do. A Aa- 三.=-m, 」T AaBbCcDc AaBbCcDc AaBbC AaBbCcC AaB AaBbCcD ,空-A. 国喜创■_材, 白,田。 1 Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Paragraph Styles ..I ... ... I...2 4 (1+p(n) 3(1+pY 0 =20 (1+p)Y-n)-1/(1+p)^(n) -1/0 >>>0 PV - PMT*[1-(1+pX-n)]/p PV = PMT [1-0)/p %3D PV=PMT*I/p- PMT/p Rev 32: Pipeline Corporation's preferred share dividend of S1.45 is paid at the end of every six months. If comparable investments yield 5.6% compounded quarterly, what should the selling price of these shares be? $1.45 S1.45 S1.45 $1.45 pouse brenk 12 18 14 + 6. & 7 8 4 E R. T Y U D F G J K V alt ctrl 目The tree diagram in figure below describes the uncertain cash flows for an engineering project. The analysis period is two years, and MARR = 15% per year. Based on this information, a. What are the E(PW), V(PW), and SD(PW) of the project? b. What is the probability that PW ≥ 0? Click the icon to view the tree diagram. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year. a. Calculate the E(PW), V(PW), and SD(PW) of the project. (Round to the nearest dollar.) E(PW) = $ V(PW) = SD(PW) = $ million ($)2 (Round to two decimal places.) b. The probability that PW 20 is (Round to the nearest dollar.) (Round to two decimal places.)
- 7:27 f t < Session[1].docx - Word ✓ Qo 138 - 21 Paragraph O References Mailings Review View Help BLUEBEAM One day you're going to miss my boring texts ## TO Accessibility: Investigate Search Costs to date Estimated costs to complete Progress billings during the year Cash collected during the year hoher webb ng Normal ||| No Spacing Styles Acrobat 2021 $ 980,000 3,020,000 1,000,000 648,000 Go to website O Heading 1 √ Calculate the amount will be reported for accounts receivable on the statement of financial position at December 31, 2022. 3. Accounts Receivable on the Statement of Financial Position at December 31, 2022 for Newton Corp.: Accounts Receivable is calculated as the cumulative billings to date minus the cumulative cash collected: Accounts Receivable at December 31, 2022 = Cumulative Billings- Cumulative Cash Collected Accounts Receivable at December 31, 2022 = ($1,000,000+ $1,000,000) - ($648,000+ $1,280,000) = $2,000,000 - $1,928,000 = $72,000 Therefore, the amount reported…ाथ सल्गाने मा DeeBl, 2021 feliowing Andormiom for Coder BisterPriss is gren belows: bolow: Plan assets (at fair valve) Projecked bonefil obligalion Accmulated other comfrchensive doss $ 1,600, 000 1,200,000 503,700 The The everoge remabing bevwice dife of emluyee is lo yenrs. The amortizahing of Accuhul fed other ComPre hessive lass for ror 2022, usingthe Corridor methad, 1B.. ? CS Scanned with CamScannerQuestion # 5 A Report a Problem G Revisit Choose the best opt Compensation received on voluntary retirement is exempt under Section 10(10C) to the O 300000 maximum extent of O 240000 O 500000 O 350000 Deepanshu | Support +1 650-924-9221 +91 80 4719 0917 Type here to search
