Bill holdfast owns a small retail property that he inherited from his father. there are no mortgages or interest expenses connected with the property. bill takes an annual cost recovery expense of $5,000. the property has a monthly gross income of $1,500 and monthly operating expenses of $500. bill's taxable income from this property will be taxed at a rate of 30%. what is the tax liability for the year?

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp