« previous next »

Author Question: Each employer must have an Employer Identification Number (EIN) to show on all tax reports. a. True ... (Read 80 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jul 5, 2018
Each employer must have an Employer Identification Number (EIN) to show on all tax reports.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Maxine, Inc. bought a machine on January 1, 2012 for 48,000. The machine is expected to last for 8 years, after which it will be worthless. How much accumulated depreciation will Maxine report at December 31, 2012?
 
  A) 48,000
  B) 8,000
  C) 6,000
  D) 0. Accumulated depreciation does not appear on the balance sheet.


Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative
Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken
The upper panel shows that scores of four diverse samples of boys on a moral reasoning test show a ... The upper panel shows that scores of four diverse samples of boys on a moral reasoning test show a ...
People with normal color vision see the number 29 in the chart; however, those who are color-blind c People with normal color vision see the number 29 in the chart; however, those who are color-blind c
The identification of clades based on morphological characters The identification of clades based on morphological characters
Food Labels Now Show Trans Fats Food Labels Now Show Trans Fats
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library