Colonial Adventure Tours gathers and organizes information about guides, trips, customers, and ____________________
Fill in the blank(s) with correct word
reservations
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Why is it necessary to journalize transactions from the bank reconciliation? List two examples of items that need to be journalized.
What will be an ideal response?
Under proposed regulations issued by the Treasury Department, in which of the following situations should an LLC member be treated as a general partner for self-employment tax purposes?
A. The member is not personally liable for any of the LLC debt. B. The member spends 450 hours participating in the management of the LLC's trade or business during the taxable year. C. The member has authority to contract on behalf of the LLC. D. The member is listed on the LLC's letterhead.
Howard Co. made a $25,000 cash payment on a term loan. The payment included a $23,000 reduction of principal as well as $2,000 of interest. (Show the combined effects of the events.)
What will be an ideal response?
Tenants need not conduct due diligence for ADA issues prior to signing a lease because ADA compliance is the landlord's responsibility
Indicate whether the statement is true or false