Chipper is the sole proprietor of a golf shop. Because she is a sole proprietor, any profit Chipper's business earns is taxed only as Chipper's personal income. taxed twice, once as business income, then again as Chipper's personal income. totally tax-free. taxed only if and when it is distributed to investors.

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

An essential element of being receptive to messages is to have an open mind true or false

Only the united states has embassies. true or false