ou've just taken on a new client, a small business owner, who was managing their books with spreadsheets. What's the recommended first step to begin working with this client in QuickBooks Online?

Answers

Answer 1

The options available are:

A. Ask them to sign up for QuickBooks Online on QuickBooks.com

B. To Create a QuickBooks Online for them and manually email them their Intuit ID and password

C. Add new client in QuickBooks Online Accountant

D. Add new client in QuickBooks Online

Answer:

Add new client in QuickBooks Online Accountant

Explanation:

In this situation, as the new client, the recommended first step to begin working with this client in QuickBooks Online is to add the client in QuickBooks Online Accountant.

This will assists you in getting their information and at the same time have direct access to the client's account and easily work on the client's bookkeeping.

Hence, in this case, the correct answer is "Add new client in QuickBooks Online Accountant."


Related Questions

ssume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 291,600 390,500 682,100 Total cost $ 301,600 $ 405,500 $ 707,100 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department

Answers

Answer:

the total cost of ending work in process is $39,420

Explanation:

The computation of the total cost of ending work in process is shown below:

Equivalent cost per unit

Material = $301,600 ÷ 5,200 units = $58 per unit

Conversion = $405,500 ÷ 5,000 units = $81.10 per unit

Now ending work in process is

= 400 units × $58 + 200 units × $81.10

= $23,200 + $16,220

= $39,420

Hence, the  total cost of ending work in process is $39,420

A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the

Answers

Answer:

+$183,000

$0

+$183,000

Explanation:

Total assets increased by ($298,000 - $115,000) $183,000.

Total liabilities has no change

Total shareholder equity increased by ($298,000 - $115,000) $183,000.

cool hall inc. manufacutirng overhead for the year was estimated to be $702,540. if the predetermined overhead rate is based on direct labor hours, then the estimated direct labor hours if the predetermined overhead rate is based on direct labor-hours, than the estimated direct labor hours of the beginning of the year used tin the predetermined overhead rate must have been

Answers

Answer:

31,504 direct labor hour

Explanation:

The computation is shown below:

Manufacturing overhead applied is

= Actual Manufacturing overhead + Over-applied overhead

= $697,450 + $40,680

=  $738,130

Now

Manufacturing overhead applied is

= Predetermined overhead rate × Actual direct labor hour

$738,130 = Predetermined overhead rate × 33,100 direct labor hour

Predetermined overhead rate is

= $738,130 ÷ 33,100 direct labor hour

= $22.30 direct labor hour

Now  

Estimated direct labor hour = Estimated Manufacturing overhead ÷ Predetermined overhead rate

= $702,540 ÷ $22.30 direct labor hour

= 31,504 direct labor hour

Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple interest, and he has agreed to repay the loan at the end of one year. How much interest will he pay for the year

Answers

Answer:

444

Explanation:

Simple Interest for a year can be calculated using

I = PRT/100

P= Principle amount

R= percent simple interest

T= time

(3700)(12)(1)/100 = 444

Build a schedule for the following staffing requirements, giving workers two consecutive days off per cycle (not including Sunday). Assume that 4 days of work is full time.

Day Mon Tue Wed Thu Fri Sat
Staff needed 3 4 2 3 4 5

Answers

Answer:

Explanation:

The following process is used to schedule staffing requirements.

Start appointing workers in a way that two days contain the lowest amount of staff required are designated first.

Then, we minus 1 from each cell except for the selected pair of days.

After that, we lookout for pairs of days that contain the least amount of staff requirements.

We will then repeat the above process until the staffing requirements are fully met.

OUTPUT:

[tex]\ A\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ B\ \ \ \ \ \ \ \ \ \ \ C\ \ \ \ \ \ \ \ \ \ \ D\ \ \ \ \ \ \ \ \ \ \ E\ \ \ \ \ \ \ \ \ \ \ F\ \ \ \ \ \ \ \ \ \ \ G[/tex]

[tex]1 \ \ \ \ Day \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Mon \ \ \ \ \ \ \ \ \ \ \ Tue \ \ \ \ \ \ \ \ \ \ \ Wed \ \ \ \ \ \ \ \ \ \ \ Thur \ \ \ \ \ \ \ \ \ \ \ Fri \ \ \ \ \ \ \ \ \ \ \ Sat[/tex]

[tex]2 \ \ \ \ Staff \ needed \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]

[tex]3 \ \ \ \ Worker \ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ \mathbf{2 \ \ \ \ \ \ \ \ \ \ \ 3} \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]      

[tex]4 \ \ \ \ Worker \ 2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \mathbf{ 2 \ \ \ \ \ \ \ \ \ \ \ 3} \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4[/tex]

[tex]5 \ \ \ \ Worker \ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ \mathbf{1 \ \ \ \ \ \ \ \ \ \ \ 2} \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3[/tex]    

[tex]6 \ \ \ \ Worker \ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ \mathbf{1 \ \ \ \ \ \ \ \ \ \ \ 2} \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2[/tex]

[tex]7 \ \ \ \ Worker \ 5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \mathbf{0 \ \ \ \ \ \ \ \ \ \ \ 1}[/tex]

[tex]8 \ \ \ \ Worker \ 6 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1[/tex]

[tex]9 \ \ \ \ No \ working^* \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]

10    *count the number of workers after excluding highlighted cells and 0 values.

Day      Minimum number of workers needed

[tex]Mon \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3[/tex]

[tex]Tue \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4[/tex]

[tex]Wed \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2[/tex]

[tex]Thur \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3[/tex]

[tex]Fri \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4[/tex]

[tex]Sat \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5[/tex]

Explain what a cash budget is and why it is important for all businesses.


Answers

Answer:

A cash budget is very important, especially for smaller companies. It allows a company to establish the amount of credit that it can extend to customers without having problems with liquidity. A cash budget helps avoid a shortage of cash during periods in which a company encounters a high number of expenses.

Explanation:

Question #3
Multiple Choice
Which of the following is described as the amount by which the value of a country's exports exceeds the cost of its imports? -tariff
-tax excess
-quota
-trade surplus​

Answers

It is a trade surplus

do you want to buy mah flamago milk?

Answers

yes plz gimmie flamago milk

Answer:

no thank you man I'm lactose intolerant

What did this embargo cost the U.S taxpayers?

Answers

Answer:

explanation below

Explanation:

The Cuban embargo, known as el bloqueo (the blockade), was one that happened due to Cuba’s expropriation of “some $1.8 billion worth of U.S.-owned property. The US put policies in place to restrict the way other countries engage in businesses with Cuba.

As the embargo continued to affect the people of Cuba, it also cost the US far more than expected. Certain reports has it that the US has lost nearly all its international support for the embargo. The cost of the embargo on the economy of the US was around $130 billion over nearly six decades.

Jonathan wants to create a web page visually. Which of the following should he use?

HTML
Java
Text Editor
WYSIWYG

Answers

Answer:

HTML

Explanation:

Answer:

HTML

Explanation:

In 2010, the average cost of a house in France is 126,000 euros. In 2018, the average cost is 154,000 euros.Using the price of the average house for reference, the inflation rate of the Euro increased by a factor of __________ in eight years.

Answers

Answer: D.)  1.22

Explanation:

Price in 2010 = €126,000

Price in 2018 = €154,000

Increase = 154,000/126,000

= 1.22

Briefly describe what is meant by the industrial market structure (IMS). Why is an understanding of the IMS so important for companies in their strategic management process

Answers

Answer is given below:

Explanation:

Industrial market structure is a systematic representation of different organization based on the level of competition for these products or services the nature and nature of these products or services in the market. Industry market is structured is important in a company's strategic management process for the following reasons Clearly assess business objectives Knowing how much competition there is in the market. Get details of your competitor's business development. Competing in the market

SGS Corp. has an ROE of 14 percent and a payout ratio of 22 percent. What is its sustainable growth rate?

Answers

Answer:

14.05%

Explanation:

Return on equity ROE =14%

payout ratio = 22%

Now, retention ratio b = 100-payout ratio= 100-22=88%

=0.88

Now sustainable growth rate = (ROE×b)/(1-(ROE*b)

= (0.14*0.88)/(1-0.14*0.88) =0.1405

=14.05%

A sole proprietorship, a corporation (Subchapter S and Subchapter C) and an LLC are three common entities that are employed by entrepreneurs when starting a business. When weighing the advantages and disadvantages of these three entities, which do you think is the more advantageous business formation for an entrepreneur? Why? Feel free to suggest an alternate business entity if you so desire, but be specific as to why your choice would be better.

Answers

Answer:

The more advantageous business formation for an entrepreneur is:

A sole proprietorship.

Explanation:

Easy to start and simple to operate is the sole proprietorship, suitable for an innovative entrepreneur.  It provides a better option for a low-risk business, with no additional taxation of income.  Since an entrepreneur creates a new business, bearing most of the risks and enjoying most of the rewards, the sole proprietorship form of business provides the best starting point before he or she can join with others.

Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol

Answers

Answer:

People consumes less of alcohol and more of non alcoholic drinks.

Explanation:

Now-a days people consumes less of alcoholic drinks as non alcoholic beverages or drinks are becoming non popular day by day. People have become more health conscience and wants to remain fit. Now wonder alcohol causes a lot harm to the human health. People now are aware of the side effects of consuming alcohol.

In the recent years the life style of the people have change a lot and they they have become health conscious than before. The consumption of other non alcoholic drinks have become familiar and famous including green tea, fruit juices, goji juice and many more.

The bar managers also face difficulty in serving alcohol to people as people refuse to drink them. They are more health conscience and is aware of the fatal incidents about drunk driving. They prefer other non beverages in the bar. As a result the sale of alcohol has decreased a lot. There are also various awareness programs running against consumption of alcohol.Thus people do not drink alcohol any more and so it is difficult for the bar managers to offer alcohol to their customers.

Please help with the highlighted part. this is a practice essay

Answers

Answer:

Expansion: A speedup in the pace of economic activity defined by high growth, low unemployment, and increasing prices.

Peak: The upper turning point of a business cycle and the point at which expansion turns into contraction.

Contraction: A slowdown in the pace of economic activity defined by low or stagnant growth,...

there you go hope you consider brainliest

Explanation:

The primary difference(s) between selecting the binomial (Cox-Ross-Rubinstein) model for valuing stock options versus the Black-Scholes option pricing model is:

Answers

Answer:

the consideration of the option over a period of time

Explanation:

The Cox-Ross-Rubinstein model is a market model to valuations of the options. It isl also known as the Binomial model. And most popularly known s the CRR model. It is multi period market stock model for stock price.

The Black-Scholes option pricing model is used to estimate the fair policy or the theoretical value of a call that is based o 6 variables including time, volatility, strike price, type of option, etc.

The main differences of a Cox-Ross-Rubinstein model and a Black-Scholes model is

--the consideration of any option over the period of time

--it is used for the stocks which pays a dividend without the model modification .

Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process to the coloring process, which account is debited

Answers

Answer:

✓Debit to WIP Inventory-Finishing

✓credit to WIP Inventory-Coloring.

Explanation:

From the question, we are informed about Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process to the coloring process, WIP Inventory-Finishing is to be debited, while WIP Inventory-Coloring is credited in the journal entry . WIP can be regarded as part of the overhead cost as well as raw materials, and labor cost at each stages during the process of production. When recording on the journal entry, journal entry can be regarded helps in recording any transaction as far as accounting system is concerned. Several recording are found in journal, and can fall in debit or credit side . At the journal entry, Debit side is at the left-hand side and credit side is at the right-hand side

you are considering a project with the cash flows given below. calculate the present value of the future cash flows of the project. discount rate 25%

Answers

Answer:

the present value of the future cash flows is $846.57

Explanation:

The computation of the present value of the future cash flows is shown below:

The Present value of inflows is

= Cash inflows × Present value of discounting factor (rate%,time period)

= $100 ÷ 1.25 + $200 ÷ 1.25^2 + $300 ÷ 1.25^3 + $400 ÷ 1.25^4 + $500 ÷ 1.25^5 + $600 ÷ 1.25^6

= $846.5664

Hence, the present value of the future cash flows is $846.57

James Company has 1,000 shares of $10 par preferred stock, which were issued at par. It also has 25,000 shares of common stock outstanding, and its total stockholders' equity equals $500,000. The book value per common share is:

Answers

Answer:

The book value per common share is: $19.6

Explanation:

1,000 × 10 = 10,000

500,000 - 10,000 = 490,000

490,000 ÷ 25,000 = 19.6

The production possibilities model illustrates an inverse relationship between two goods or services because

Answers

Answer:

production of different types will compete for limited resources.

Explanation:

           The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.

           The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.

          An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.

Total profits and losses are determined by:_______

a. subtracting explicit costs from total revenue.
b. subtracting implicit costs from total revenue.
c. adding total cost to total revenue.
d. subtracting total cost from total revenue

Answers

Answer:

The correct option is d. subtracting total cost from total revenue.

Explanation:

Total revenue refers to total amount of receipts than can be gotten from the sales of goods or services by a seller to buyers.

Total cost can described as the addition of all costs incurred in order to produce a particular level of output by an organization.

Total Total profits and losses are determined by subtracting total cost from total revenue as given below:

Total profits (losses) = Total revenue - Total cost

Therefore, the correct option is d. subtracting total cost from total revenue.

Crane Corp. had total variable costs of $269,100, total fixed costs of $111,600, and total revenues of $390,000. Compute the required sales in dollars to break even.

Answers

Answer:

the break even point in dollars is $360,000

Explanation:

The computation of the break even sales in dollars is given below:

Break even sales in dollars is

= Fixed cost ÷ contribution margin ratio

where,

Contribution margin ratio is

= (Sales - variable cost) ÷ (Sales)

= ($390,000 - $269,100) ÷ ($390,000)

= 31%

Now the break even point in dollars is

= $111,600 ÷ 0.31

= $360,000

Hence, the break even point in dollars is $360,000

Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China.B. Most wine consumed in China was imported from California.C. Despite the tariffs, the volume of wine exports from the United States to China has increased slightly.D. Only the United States has used tariffs in this trade dispute with China.

Answers

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

All of the following are typically considered capital goods except
A. The machinery in a factory
B. The software a business owns
C. Cooked hot dogs at a sporting event
D. A carpenters tools
E. A professional musicians instruments

Answers

Answer:

C. Cooked hot dogs at a sporting event

Explanation:

Capital goods are tangible assets that businesses use to produce goods and services for sale. Capital goods are not meant for sale but are used to make products that will be sold to generate revenue. Capital goods have a useful life exceeding one year and include buildings, equipment, motor vehicles, and tools.

From the list provided, Cooked hot dogs at a sporting event are not capital goods. All the other items are capital goods. They do not get consumed in the production process.

State two goals you hope to achieve through applying your coursework this term to your workplace experience.

Answers

Explanation:

1. Improve communication skills

2. Apply customer relationship marketing

The current business scenario is globalized and highly competitive, the social dynamics resulting from globalization and new technologies have changed the demands and relations between company / consumer, this new parameter requires companies to be promoters of society's well-being, acting with socio-environmental responsibility in the market, which means that this includes the relationship with all its stakeholders.

Therefore, it is essential that interpersonal communication skills are improved in a management-oriented course and applied to the work environment, as organizations have more and more responsibilities when dealing with people, and negotiation and communication skills with people are increasingly valued. different nationalities and culture, with ethics in communication being an essential factor.

Relationship marketing is also another essential factor that must be applied in the workplace, especially if you work directly with the customer or work using the internet, since companies are closer to customers, and must generate value and engagement that creates market identification and positioning.

A goal is termed as the idea of the future result that is committed to achieving. It can be a plan or envision that is to be accomplished by a group of persons. The deadline is set for the accomplishment of the goals by the group of people.

The two goals to achieve in the workplace are:

1. Improve communication skills

2. Apply customer relationship marketing

The current business scenario is globalized and highly competitive, the social dynamics resulting from globalization and new technologies have changed the demands and relations between company and the consumer. Relationship marketing is also another essential factor that must be applied in the workplace.  

Therefore, it is essential that interpersonal communication skills are improved in a management-oriented course and applied to the work environment, as organizations have more and more responsibilities when dealing with people, and negotiation and communication skills with people are increasingly valued.  

To know more about the accomplishment of the goals, refer to the link below:

https://brainly.com/question/20813345

Trying to inspire someone to vote at the next election involves:
a.
strengthening likes
b.
motivating to action
c.
weakening beliefs
d.
changing values
guys please help me out

Answers

Answer:

I'd say b. just a guess so if im wrong sorry

Trying to inspire someone to vote in the next election involves motivating to action, hence option B is correct.

What is Voter Apathy?

In electioneering processes, it is often common for people not to come out to exercise their franchise, this is called voter apathy.

Voter apathy accounts for the singular reason behind the rigging of the election.

Learn more about voter apathy here:

https://brainly.com/question/19781018

#SPJ6

What will most likely cause a lender to deny credit?
OA short credit history with high balances
O Possession of two credit cards
OA small amount of debt owed
OA historic credit score of 300

Answers

Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

Parcel Corporation expects to pay a dividend of $5 per share next year, and the dividend payout ratio is 50 percent. If dividends are expected to grow at a constant rate of 8 percent forever, and the required rate of return on the stock is 13 percent, calculate the present value of growth opportunities.

Answers

Answer:

The present value of growth opportunities is $23.08

Explanation:

First, we need to calculate the price with growth

Stock Price = Expected Dividend / ( Required rate of return - growth rate )

Where

Expected Dividend  = $5

Required rate of return = 13%

Growth rate = 8%

Pacing values in the formula

Stock Price = $5 / ( 13% - 8% )

Stock Price = $100

Now determine the expected EPS

EPS = Dividend / Payout ratio

Where

Dividend = $5

Payout ratio = 50%

Placing values in the formula

EPS = $5 / 50%

EPS = $10

Now calculate the present value of growth opportunity

PV of Growth opportunity = Price with growth - ( EPS / Required rate of return )

Where

Price with growth = $100

EPS = $10

Required rate of return = 13%

Placing value in the formula

PV of Growth opportunity = $100 - ( $10 / 13% )

PV of Growth opportunity = $100 - $76.92

PV of Growth opportunity = $23.08

Now suppose instead that housing credits are withdrawn gradually at a rate of $500 for each $1,000 that someone is earning above the wage limit of $28,500 per year. Assuming Layla earns an extra $2,000 per year above her original wage of $29,500 per year, how large will her housing credit be

Answers

Answer:

Housing credit will be = $6000

Explanation:

Solution:

As, this question is not complete, it lacks essential data to proceed. But I have  found that data on internet and will be solving this question accordingly.

Data given:

Layla's wages per year = $29500

Housing credits = $7500

Layla's new income with Housing credit = $37000

As given in question:

Layla earns an extra $2000 per year above her original wage.

New Layla's income per year = $31500

So, now,

Layla's income without housing credit = $31500

Wage limit allowed = $28500

So, Layla earns $3000 more than wage limit

Hence,

$500 for $1000

$1500 for $3000

So, $3000 will be deducted from the housing credit

So,

Layla's total income = $31500 + ($7500 - $1500)

Layla's Total income = $31500 + $6000

Layla's Total income = $37500

Where,

Housing credit will be = $6000

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