FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How can I get zero tax? I mean, before I paid a tax, but I am not qualified to take a tax from customers, how

How can I get zero tax? I mean, before I paid a tax, but I am not qualified to take a tax from customers, how do I erase this tax and not sit in the financial statements with the negative, normal?

what would be the journal entry?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Excel For Accountants Tips, Tricks & Techniques

Excel For Accountants Tips, Tricks & Techniques

Authors: Conrad Carlberg

1st Edition

1932925015, 9781932925012

More Books

Students also viewed these Accounting questions

Question

★★★★★
A battery delivers 2.54 A to a resistor rated at 4.52. When it is connected to a 2.21- resistor, it delivers 4.98 A. Determine the batterys (a) Internal resistance (assumed constant), (b) Emf, and...

Answered: 1 week ago

Question

★★★★★
1. How does relationship marketing give companies a competitive edge?

Answered: 1 week ago

Question

★★★★★
=+Exercise 41. Discuss how each deals with the outlier. 20 80 Month (Jan 1990 = 1) Passengers 1,500,000 1 40 60 100 500,000 750,000 1,000,000 1,250,000 120 140 160 180 Accuracy Measures MAPE 8 MAD...

Answered: 1 week ago

Question

★★★★★
The Dress4Less Company operates a chain of mens clothing stores that sells 10 different styles of inexpensive mens suits with identical unit costs and selling prices. A unit is defined as one suit....

Answered: 1 week ago

Question

★★★★★
3 Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs Fixed Cost Cost per...

Answered: 1 week ago

Question

★★★★★
Zach wants to know if the actual performance of the organization is on target. He should do which of the following? measure actual performance, initiative corrective action, none of the above,...

Answered: 1 week ago

Question

★★★★★
Exercise 3-17 (Algo) Preparing Financial Statements LO P5 Use the adjusted accounts for Stark Company to prepare the (1) income statement and (2) statement of retained earnings for the year ended...

Answered: 1 week ago

Question

★★★★★
4.12 Consider the following mechanism for the production of ozone from the heating of oxygen: mols magorbyd or lo no Inopnop and atA -rigid Kf mainedos doivoblas kir 0302+0 to noisot (R.1) C (R.2)...

Answered: 1 week ago

Question

★★★★★
3. Construct the shear force and bending moment diagrams for the beam shown below. 20 kips 12 kips 1.5 kips/ft B C E D 6ft 8 ft 10 ft- -8 ft-

Answered: 1 week ago

Question

★★★★★
home seeker lindsay wants to increase her credit score so she can qualify for a conventional loan at a lower interest rate. To do this, Lindsay needs to focus on several factors that go into...

Answered: 1 week ago

Question

★★★★★
Most married couples view the early years of marriage as O deeply satisfying O the most stressful period of their relationship O a "trial period," to see if they want to stay together confusing, and...

Answered: 1 week ago

Question

★★★★★
What stage of team development do you think Casper is currently in? Explain why

Answered: 1 week ago

Question

★★★★★
How do your personality traits affect your teamwork and decision-making style and your interest and ability to participate in group decision-making?

Answered: 1 week ago

Question

★★★★★
To develop a strong team one must create trust among the team members. What actions did Caspers leadership take to develop trust?

Answered: 1 week ago

Previous Question Next Question