taxstion account

i want answer for q1 & q2 & q3

plz help to answer all q you can answer it plz

Question 1: (5 points): LO2, LO3 Ramada has just completed its first year of operations ended December 31, 2021 Account Amounts Accounts payable 21.000 Accounts receivable 126,400 Cash 10.000 Delivery truck rent expense 14,400 Equipment 12,600 Equipment rental expense 5.800 Marketing expense 3.000 Owners' capital, beginning balance 4.000 Salaries expense 112,000 Booking revenue 164,000 Supplies 1800 Salaries payable 1.400 Supplies expense 8.200 withdrawals 2.000 Instruction: Prepare income statement, statement of owners' equity and balance sheet. There were no investments during the year. Question 2: (5 points): L04, LO5 VAT is considered an indirect type of tax. The governments consider VAT as one of their revenue resources. In your opinion how the industry of hotels can be affected by the increase of tax from 5% to 10%. Support your answer with examples. Question 3: (5 points): LO1, LO2 Hilton earned $80,000 each year from the booking activities (main operation) and $30,000 from the laundry section. The total recognized operational expenses for the taxation purposes were $50,000. The company provided you with all the necessary documents to prepare the taxation report for them. After analyzing the documents, you found the following: A. $10,000 of the expenses occurred and were paid last year. B. $5,000 of the earned revenues from the booking activities related to canceled and refunded revenues to the customers. If the taxation law has the following instruction for preparing the taxation reports. I. First $15,000 of the total revenue will be free entitled of 5% discount from the tax. II. The company will receive an allowance because of their environmental activities of $7,000 from the total taxable income. III. The company will receive a 10% allowance from the total revenue after deducting the operational expenses. Instruction: 1. Determine whether the case is tax evasion or avoidance. 2. Calculate the total accurate revenues and expenses. 3. Calculate the total taxable income. 4. Calculate the tax if the tax rate was 20%. Question 1: (5 points): LO2, LO3 Ramada has just completed its first year of operations ended December 31, 2021 Account Amounts Accounts payable 21.000 Accounts receivable 126,400 Cash 10.000 Delivery truck rent expense 14,400 Equipment 12,600 Equipment rental expense 5.800 Marketing expense 3.000 Owners' capital, beginning balance 4.000 Salaries expense 112,000 Booking revenue 164,000 Supplies 1800 Salaries payable 1.400 Supplies expense 8.200 withdrawals 2.000 Instruction: Prepare income statement, statement of owners' equity and balance sheet. There were no investments during the year. Question 2: (5 points): L04, LO5 VAT is considered an indirect type of tax. The governments consider VAT as one of their revenue resources. In your opinion how the industry of hotels can be affected by the increase of tax from 5% to 10%. Support your answer with examples. Question 3: (5 points): LO1, LO2 Hilton earned $80,000 each year from the booking activities (main operation) and $30,000 from the laundry section. The total recognized operational expenses for the taxation purposes were $50,000. The company provided you with all the necessary documents to prepare the taxation report for them. After analyzing the documents, you found the following: A. $10,000 of the expenses occurred and were paid last year. B. $5,000 of the earned revenues from the booking activities related to canceled and refunded revenues to the customers. If the taxation law has the following instruction for preparing the taxation reports. I. First $15,000 of the total revenue will be free entitled of 5% discount from the tax. II. The company will receive an allowance because of their environmental activities of $7,000 from the total taxable income. III. The company will receive a 10% allowance from the total revenue after deducting the operational expenses. Instruction: 1. Determine whether the case is tax evasion or avoidance. 2. Calculate the total accurate revenues and expenses. 3. Calculate the total taxable income. 4. Calculate the tax if the tax rate was 20%