Please answer all questions below

Questions 25 thru 20 refer to Theresa Kearney Corporation whose Income Statement showed Net Income [for book purposes] Before Taxes of $20,000. The tax rate is 25%. [Consider each question as a stand-alone scenario] 25] 25] 27] 29] If Depreciation Expense for tax purposes is $4,000 higher than what was used for book purposes, the entry to record taxes is : A] Income Tax Expense...4,000 Income Tax Payable......4,000 B] Income Tax Expense ..... 4,000 Deferred Tax Asset.......1,000 Income Tax Payable ...... 5,000 C] Di Income Tax Expense ..... 5,000 Income Tax Payable.........5,000 Income Tax Expense ..... 5,000 Deferred Tax Liability.......1,000 Income Tax Payable.........4,000 If book Revenues [correctly] excluded $4,000 of cash collected related to ng year, the entry to record taxes is: Revenue that will be earned in a followi A] Income Tax Expense...5,000 Income Tax Payable......5,000 0] Income Tax Expense ..... 5,000 Income Tax Payable.........6,000 B] Income Tax Expense ..... 5,000 Deferred Tax Asset.......1,000 Income Tax Payable ...... B, 000 Di Income Tax Expense ..... 5,000 Deferred Tax Liability.......2,000 Income Tax Payable.........4,000 If book Revenues included 84,000 that will not be taxable until a following year, the entry to record taxes is: A] Income Tax Expense...4,000 Income Tax Payable ..... 4,000 0] Income Tax Expense ..... 5,000 Income Tax Payable.........5,000 B] Income Tax Expense....4,000 Deferred Tax Asset......1,000 Income Tax Payable ...... 5,000 D] Income Tax Expense ..... 5,000 Deferred Tax Liability.......1,000 Income Tax Payable.........4,000 If the Expenses include 54,000 of items that are permanently deductible for tax purposes, the entry to record taxes Is : A] Income Tax Expense...4,000 0] Income Tax Expense ..... 5,000 Income Tax Payable ..... 4,000 Income Tax Payable.........5,000 B] Income Tax Expense....4,000 D] Income Tax Expense ..... 5,000 Deferred Tax Asset......1,000 Income Tax Payable ...... 5,000 Deferred Tax Liability ..... 1,000 Income Tax Payable.........4,000 Mearcat Corporation earned income before tax of $160,000. Taxable income was $140,000, and the income tax rate was 40%. The journal entry to record Mearcat's income tax expense and income tax liability was: O A. Income Tax Expense 64,000 Income Tax Payable 64,000 O B. Income Tax Expense 56,000 Income Tax Payable 56,000 O c. Income Tax Expense 64,000 Income Tax Payable 56,000 Deferred Tax Liability 8,000 O D. Income Tax Payable 64,000 Income Tax Expense 56,000 Deferred Tax Liability 8,000Question 1 The purpose of the American federal system of government is to: A, Ensure the property rights of the citizens of each state. O B. Recognize the need for a central government to deal with certain issues on behalf of all citizens of the nation. O c. Ensure that all states have the same laws. O D. Ensure full employment of federal public employees. Question 2 The U.S. Constitution regulates: O A. The power among the branches of the federal government. O B. Interaction of U.S. citizens with citizens of other countries. O c. State enforcement of day-to-day issues of state citizens. D. Private contracts between state citizens. Question 3 State legislation is intended to: A Be discriminatory to undocumented persons. O B. Express the rules for behavior passed by the elected representatives for the conduct of each state's citizens. O c. Provide guidance to federal courts. O D. Be unfair to certain citizens of the state. Question 4 The three branches of the U.S. Government are: O A Criminal, civil and legal. O B. Military, private and industrial. c. Judicial, legislative and executive. O D. Congress, senate and executive. Question 5 A contract of adhesion is: A One that has not been reduced to writing. B. One in which the object of the contract is illegal conduct. o c. One in which a stronger party is able to dictate terms to a weaker party. o D. Where a corporation forms an oral contract. Question 6 Construction contracts: O A Are usually unfair to one party- O B, May be considered a source of law by courts. O c. Are not commonly used in construction. O D. Are almost always altered by parties. Question 7 What is the difference between courts of general jurisdiction and those of limited jurisdiction?Welcome to Question 21 The main components of government revenues are Not yet answered Select one: Marked out of 1 00 a. personal income taxes, corporate income taxes, indirect taxes, and investment and other income. P Flag question O b. transfer payments, investment income, and indirect taxes. c. debt interest, corporate income taxes, and income taxes. O d. corporate income taxes, indirect taxes, and transfer payments. O'e. debt interest, expenditures on goods and services, and income taxes. Question 22 The effort atWhich statement about the la fiber is NOT correct? O it excites spinal inhibitory interneurons to inhibit alpha-motoneurons to the antagonist muscle (reciprocal inhibition) O its steady-state firing rate is proportional to the length of the muscle it innervates O if the muscle is rapidly stretched, la fibers from that muscle have an initial rapidly-adapting response that is proportional to the rate of muscle stretch its peripheral end wraps around the equatorial region of the intrafusal muscle fiber it has monosynaptic inhibitory synapses with a-motoneurons innervating the same muscle so as to prevent the muscle from over-contracting Question 27 1 pts Remembering how to mount and ride a bicycle is an example of: classical conditioning LTD (long term depression) working memory declarative memory procedural memoryQUESTION 6 Albert entered into a contract under the name of one of his corporations. After consulting with his accountant regarding tax implications, he asked, and the other party agreed, to change the name of the company in that contract. What has transpired with respect to the contract between these parties? 0 a. amendment 0 b. novation O c. substitution 0 d. assignment QUESTION 7 Although Maybelle's insurance excluded coverage for jewelry loss, her insurer mistakenly sent her a cheque to compensate her for the loss of an expensive piece of jewelry. What legal doctrine might the insurer use to recover the money that was mistakenly paid to Maybelle? O a. misrepresentation O b. frustration O c. the duty to mitigate 0 d. unjust enrichment