Zion co. Sells $100 of merchandise and collects $10 sales tax. The sales tax is recorded to which account?.

Answers

Answer 1

If Zion sells merchandise and collects sales tax, The account that the sales tax is going to be recorded is what is known as the sales tax payable.

What is the sales tax payable?

The account is a liability account that acts as a storage of sales tax that a firm has gotten from their customers on behalf of the tax authority of a country.

The business is the one that holds the money and they have to remit to the government on the required dates.

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Related Questions

______ refers to an increase in the variety of products and services a firm offers or markets and the geographic regions in which it competes.

Answers

The increase in the variety of products and services a firm offers or markets and the geographic regions in which it competes refers to diversification.

What is diversification?

Diversfication is the process by which a firm increases the product offerings to its customers in a particular region. The purpose of diversification is to increase the options avaiable to customers, increase profit margin and increase market share.

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Workers also have the right to refuse to do a job if they believe in:.

Answers

Workers have the right to refuse to do a job if they believe in good faith that they are exposed to an imminent danger.

Perry Mazza wants to borrow $40,000 from the bank. The interest rate is 7% and the term is for 5 years.


What is the yearly payment amount?


$1,800

$3,600

$10,800

$18,000

Answers

The yearly payment amount for a loan of $40,000 at 7% interest and for 5 years that Perry Mazza borrowed is $9,755.63.

How to calculate the annual payments?

The annual payments can be computed using an online finance calculator as below.

The results show that a total interest of $8,778.15 will be paid by Perry Mazza.

Data and Calculations:

N (# of periods) = 5 years

I/Y (Interest per year) = 7%

PV (Present Value) = $40,000

FV (Future Value) = $0

Results:

PMT = $9,755.63

Sum of all periodic payments = $48,778.15 ($9,755.63 x 5)

Total Interest $8,778.15

Thus, the yearly payment amount for a loan of $40,000 at 7% interest and for 5 years that Perry Mazza borrowed is $9,755.63.

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Which eoc configuration allows personnel to function.

Answers

Answer:

Departmental Structure functioning in the EOC with minimal preparation.

Regina is creating her competitive analysis. She understands why it's important to know her direct competitors, but she's not sure why indirect competitors matter. She asks you if indirect competitors are important to know about. What should you say?

Answers

Regina should understand that indirect competition is important to understand because the different product fulfills the same customers needs.

What is competitive analysis?

A competitive analysis simply means a marketing strategy that's reunited to have edge over other competitors.

In this case, Regina should understand that indirect competition is important to understand because the different product fulfills the same customers needs.

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Which of these is a consumer right recognized by the united nations? a. right to equality b. right to openness c. right to education d. right to collaboration

Answers

Consumer's right means information about the products or services to a consumer. The WHO recognized the right to education as a consumer right.

What are consumer rights?

It means a consumer right to information about the products or services quality, quantity, purity, price and standard. The consumer has the right to be protected against unfair trade practices.

US President John F Kennedy in 1962 declared 15 April as World Consumer Rights Day and recognizes basic consumer rights such as right to safety; to be informed; to choose and to be heard. So option c right to education is recognized by WHO as a consumer right.

Therefore, option c right to education aptly describes the statement.

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Answer:

C. Right to education

Explanation:

Dane is a single father with one qualifying dependent child. He has AGI of $154,000 and paid $9,100 to a qualified day care center for the two children. What amount of child and dependent care credit can Dane receive in 2021? Multiple Choice $0. $2,800. Incorrect $8,000. $9,600

Answers

Because Dane is a single father with one qualifying dependent child, the child and dependent care credit will be $8,000.

What is the child and dependent care credit?

This is a tax benefit that is made for qualifying persons that provide care for someone else.

The child and dependent care credit is for up to of $8,000 in qualified expenses for a qualifying child, and up to $16,000 for two or more children.

Hence, because Dane is a single father with one qualifying dependent child, the credit will be $8,000.

Therefore, the Option D is correct.

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A corporate charter: Multiple select question. names the board of directors. specifies the number of shares outstanding. is required only for publicly-traded corporations. describes the business activities. specifies the shares of stock to be issued.

Answers

The document called a corporate charter serves a formal purpose as its:

names the board of directors.specifies the shares of stock to be issued.describes the business activities.

What is a corporate charter?

It is a formal document that is required to be filed with the Secretary of State or registrar in order to establish a company as a corporation.

Hence, these document contains the names the board of directors, specifies the shares of stock to be issued and describes the business activities for formal purpose.

Therefore, the Option C, D and E is correct.

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After submitting a résumé by mail, how long should you wait before following up with an employer?.

Answers

Answer: one to two weeks

When roberto interviews for a job, he emphasizes how he can partner with the company to help it adapt to meet challenges.

Answers

A New Social Contract is emphasized by Roberro when he explained that he will help the company to adapt to meet challenges.

What is a New social contract?

These are social contracts that helps to bring about equitable prosperity for a firm.

They are usually based on principles that includes:

stakeholder capitalismskill developmenteconomic security etc

In conclusion, the New Social Contract is emphasized by Roberro when he explained that he will help the company to adapt to meet challenges.

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C&s operates large businesses but is not well-known by consumers. It has more than 75 high-tech facilities in 15 states and supplies supermarkets and institutions with more than 170,000 different products. C&s is a:.

Answers

Based on the fact that C&S is a huge business that supplies supermarkets, it is a wholesaler.

What is a wholesaler?

A wholesaler is a company/ store that supplies retail outlets with the goods that they then sell to the final consumer.

C&S is a wholesaler because it supplies goods to supermarkets and institutions for them to then sell to the final consumer.

Wholesalers are also not very well known by consumers because they don't sell directly to them.

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________ analytics finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints.

Answers

It should be noted that Extension of goal-seeking analysis, finds the optimum value for a target variable .

What is Goal seeking?

Goal seeking serves as one of the tools used in "what-if analysis" on computer software programs.

This analysis is performed by repeatedly changing other variables, subject to specified constraints.

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Roosevelt created the fair employment practices commission to.

Answers

Answer:

The Fair Employment Practice Committee was created in 1941 in the United States to implement Executive Order 8802 by President Franklin D. Roosevelt banning discriminatory employment practices by Federal agencies and all unions and companies engaged in war-related work.That was shortly before the United States entered.

Explanation:

hope this helps

A clothing store has ordered a new supply of jeans for the fall season and wants to sell off the remaining items from the previous spring. What action would the store owner most likely take? The store owner would most likely raise the price of the spring jeans to encourage producers. The store owner would most likely lower the price of the spring jeans to encourage producers. The store owner would most likely raise the price of the spring jeans to encourage consumers. The store owner would most likely lower the price of the spring jeans to encourage consumers

Answers

The action that the store owner would likely take is that : The store owner would most likely lower the price of the spring jeans to encourage consumers.

What is supply?

Supply refers to the quantity of goods that a seller is willing to sell at a given price in a given period of time. It has a positive relationship with price of commodity, which means supply increases with increase in the commodity's price.

There is also law of supply which states that the quantity of a good supplied increases as the price increases and vice versa.

Hence, the action that the store owner would likely take is that : The store owner would most likely lower the price of the spring jeans to encourage consumers.

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Answer:

D

Explanation:

Mia puts money into a piggy bank so she can spend it later. What function of money does this illustrate?.

Answers

savings

Explanation:

your are putting your money back and being responsible

PLEASE HURRY
This year, teachers can earn a $250 tax credit on money they spend in their classrooms. How will this tax credit affect the teachers’ tax returns?


The $250 will come directly off of the amount of taxes the teachers owe.


The $250 will be subtracted from the teachers’ gross incomes.


This credit will put them in higher tax brackets.


This credit is not big enough to make any impact on the teachers’ taxes.

Answers

Answer:

The $250 will come directly off of the amount of taxes the teachers owe

Explanation:

that's what the answer would be in real life scenario

How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by eliminating tariffs and taxes on imports and exports by encouraging countries to provide open access to trade by helping smaller countries compete in the world market

Answers

Any contractual arrangement between governments addressing their trading interactions is referred to as a trade agreement. Trade treaties can be bilateral or multilateral, that is, among two or more states.

Why are trade agreements important?

Countries engage in international trade because there are financial benefits to be had. These benefits include expanded product diversity, cheaper pricing, superior quality, enhanced technological spread, and increased consumption by the country as a whole. Increased trade openness has been associated with higher GDP growth.

Thus Option C is correct about the trade agreement.

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Answer:

C on egde<3

Explanation:

In negative self talk, personalizing is when a person _______. a. focuses only on their problems, ignoring their successes b. blames themselves for every problem, whether it was their fault or not c. believes that every situation will end badly d. see themselves as a failure for not living up to impossible standards please select the best answer from the choices provided a b c d

Answers

Answer:

I believe that the answer is A. Focuses only on their problems, ignoring their successes.

In the personality development of an individual, sometimes the person tries to shrink his thinking capacity and his own willpower; he starts blaming himself without any fault. This is termed "negative self-talk."

What causes negative self-talk?

The main reasons for negative self-talk are a lack of self-confidence and depression. When a person fails in doing something, their self-confidence collapses so much that they give up easily, which makes them lose their confidence. This cause is common among those who are easily affected by others' views of them.

Sometimes others' points of view become so heavy on a person's mind who has less or no self-confidence that he starts the blame game. He becomes a self-blamer, believing that whatever happens, especially when something goes wrong, he will be held responsible even if he was not the cause of the problem.

Thus, the correct answer is B, where the person blames themselves for every problem, whether it was their fault or not, because they become the victim of the judgment of other people rather than their own judgment.

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which line represents the flow of final goods and services?

which line represents the flow of consumer spending?

which line represents the flow of land, labor, capital, entrepreneurs?

which line represents the flow of rent, wages, interest, and profits?

Answers

The Household line represent the flow of final goods and services and consumer spending while the Business line represent the flow of rent, wages, interest, and profits.

What is the circular flow diagram?

This is an economic diagram that illustrate the flow of money through the economy.

The four parts of the circular flow diagram includes:

individuals,firms, market for goods and services,market for factors of production.

In conclusion, these economic diagram illustrates the system functions through the interactions of households and firms.

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In step 2, when you added nitric acid to the copper wire, what gas was produced?.

Answers

Answer:

Nitrogen Dioxide.

Explanation:

That is the answer

From an entrepreneurial perspective, ______ is a description of the future you envision for your business.

Answers

Answer:

The answer is , planning

Explanation:

I hoped it was helpful !

In a recent annual report, General Electric reported the following in its inventory note:

December 31 (dollars in millions) Current Year Prior Year

Raw materials and work in progress $5,613 $5,325

Finished goods $2,813 $2,576

Filled shipments $252 $277

$8,678 $8,178

Less revaluation to LIFO (2,286) (2,096)

LIFO value of inventories $ 6,392 $ 6,082

It also reported a $22 million change in the cost of goods sold due to "lower inventory levels".

Required:

Compute the increase or decrease in the pretax operating profit (loss) that would have been reported for the current year had GE employed FIFO accounting for all inventory for both years

Answers

Based on the LIFO reserve for both years, the increase in pretax operating profit would have been $190 million.

What is the change in pretax operating profit?

The change in pretax operating profit if GE used FIFO instead of LIFO is:

= Revaluation to LIFO in current year - Revaluation to LIFO in previous year

Solving gives:

= 2,286 - 2,096

= $190 million.

Because this shows a larger value for ending inventory under FIFO, it means that the Cost of Goods sold would be less thereby increasing profits by $190 million.

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Evaluating your results is important because it helps you to ________. a. prevent future problems from occurring b. implement your solution more efficiently c. identify possible causes of the problem d. all of the above

Answers

answer:

d. all the above.

It is important to evaluate results because this can help prevent future problems and identify sources of problems so d. all of the above.

Why should we evaluate results?

Evaluating results means taking time to find out what happened during a project.

This helps us to find out problems in that projects as well as ways we can solve those problems. This ensures that problems are prevented in future.

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#SPJ2

1. In a general sense, a business stakeholder is one who has made substantial financial investments in the business. 2. Ethics refers to how human beings should properly live their lives. 3. Values are the only guidance individuals need to act in ways that are positive or ethical. 4. The well-being promoted by ethical values is not a personal and selfish well-being. 5. In civil law, there is no room for ambiguity in applying the law because much of the law is established by past precedent. 6. Identify a true statement about the field of business ethics. 7. The ________ asserts that ordinary ethical standards should be kept separate from, and not be used to judge, business decisions because business has its own standards of good and bad

Answers

The Separation Thesis is one business ethic that asserts that ordinary ethical standards should be kept separate from, because business has its own standards of good and bad.

What is Separation Thesis?

This refers to the theory that states that ordinary ethical standards should be kept distinct from business standards because they both make use of different standards to judge good and bad.

We can note that ethics has to do with doing the right thing so as to maintain a healthy business relationship without subverting the right things to make a quick profit.

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Josh is a full-time college student who is not working or looking for a job. The bureau of labor statistics counts josh as.

Answers

The bureau of labor statistics counts Josh a full-time college student who is not working or looking for a job as labor force.

What is labor force?

Labour force can be defined as the number of people in the country who work and are also capable of working. They are people who are willing and able to work.

It is to be noted that the total number of people who are currently employed plus the number of people who are unemployed and seeking employment refers to labor force.

Hence, Josh a full-time college student who is not working or looking for a job can be termed as labor force.

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Why did the oil industry damage texas environment in its early years.

Answers

Answer:

water, air, and land was destroyed in the quest of money.

Explanation:

Water, air and many lands were destroyed due to the quest of money.

A fan base is, in most ways, quite similar to a customer base.
A. False
B. True

Answers

The correct answer is ‘True’.
True in some ways. A fan supports the person statistically however a customer supports a person financially

Choose a company you frequently buy from.
For example: Nike, McDonald's, Wawa
Now, identify that company's target market and marketing mix.

Answers

Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.

What is Marketing mix?

These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.

Coca Cola follows a price discrimination strategy in its marketing mix  means that they charge different prices for their products and its target market are young customers.

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What are the 5 factors taken into account when calculating a credit score?.

Answers

Answer:

Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. ...

Amounts owed. ...

Credit history length. ...

Credit mix. ...

New credit.

Explanation:

From 2004 to 2006 the Fed raised the federal funds rate gradually in a series of steps. The Fed's purpose was to raise the prime interest rate so that: a banks would reduce lending that was building up unmanageable consumer debt. b aggregate demand would continue to grow consistently and with low inflation. c high inflation rates would fall. d aggregate supply would grow, increasing output and lowering the price level.

Answers

it’s c: high inflation rates would fall.
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A price-taking firm: ______________a. cannot influence the price of the product it sells b. talks to rival firms to determine the best price for all of them to charge c. sets the product's price to whatever level the owner decides upon d. asks the government to set the price of its product 11121314151617181920Air pollution affects everyone equally.Please select the best answer from the choices providedOTOF 10. Membership to gym A is $40 per monthplus a $60 registration fee. Gym B charges$55 per month and no registration fee.After how many months will themembership cost be the same?efine the variable, write an equation, and solve Please Help!! African History!!! select one way that a public policy of the local, state, or national government has attempted to address the lower standards of living created by unequal distribution of income. 15 of 15 Find the size of the final unknown interior angle in a polygon whose other interior angles are: 162, 115, 125, 148 and 105. answer ? look at the screenshot Health maintenance organizations (HMOS) are the oldest type of managed care. Members must see their primary care provider first in order to see a specialist. True False What happens when "morning's altar whitely burns"?Question 4 options:The sun rises.The sun shines brightly.Flowers begin to grow.The speaker wakes up. How does stanza 1 develop the poem?A. It introduces the main character of the poem.B. It introduces the setting and theme of the poem.C. It describes the way Paul Revere warned the villagers.D. It shows how the farmers fought the British soldiers. Of the following anatomical structures, which is homologous to the bones in the wing of a bird? what causes the outer layer of star to expand? if the logb(a)=0, what is the value of a?explain why log0 (3) and log1 (3) do not exist. Which of the following is not an exponential function? please answer the following questions Which of the angles in the figure are supplementary to 3? If my dot plot is not skewed or symmetrical which measure of variability should I use? (15 data points) PLEASE HELP THE ASSIGNMENT IS DUE TONIGHT! these are the data points: 5,6,7,7,7,8,8,9,9,9,9,9,10,10,11I also need the best measure of center! Why might a company decide against using hydroelectric energy as an alternative energy resource? What is the approximate volume of a cone with a height of 9 ft and radius of 3 ft? Use 3.14 to approximate pi, and express your final answer to the nearest hundredth Enter your answer as a decimal in the box. ft3 Ayo i need help fast!