subject
Business, 31.08.2019 15:10 dondre54

On december 29, 2017, an employee received a $5,000 check from her employer's client. the check was payable to the employer. the employee did not remit the funds to the employer until december 30, 2017. the employer deposited the check on december 31, 2017, but the bank did not credit the employer's bank account until january 2, 2018. when is the cash basis employer required to include the $5,000 in gross income?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:30
The chart shows the pricing history for two items. which person saved the most money by buying a product at the right time? carrie, who waited six months to buy a game system timothy, who bought a game system right away because it was popular eugene, who bought a phone immediately for fear they would sell out marlene, who waited six months to buy a phone
Answers: 3
question
Business, 22.06.2019 02:00
Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?
Answers: 1
question
Business, 22.06.2019 11:10
An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value
Answers: 2
question
Business, 22.06.2019 20:00
In william rathje's garbology project that focused on household waste, front door interviews found 15 percent of respondents saying that they consumed beer. the trash discard from the same area showed what percentage of household's consuming beer
Answers: 1
You know the right answer?
On december 29, 2017, an employee received a $5,000 check from her employer's client. the check was...
Questions
question
Business, 10.03.2021 02:00
question
Mathematics, 10.03.2021 02:00
question
Mathematics, 10.03.2021 02:00
question
Mathematics, 10.03.2021 02:00
Questions on the website: 13722361