Self-employed individuals get a tax break on FICA taxes
Indicate whether the statement is true or false
false
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After making four quarterly estimated payments of $3,500, a corporation's actual income tax liability for the year is $17,200 . The year-end adjusting entry would require
a. a debit to Income Tax Payable for $3,200. b. a debit to Cash for $3,200. c. a credit to Cash for $3,200. d. a debit to Income Tax Expense for $3,200.
Brand value is one of the most important assets that a business holds
Indicate whether the statement is true or false
What should you do when developing a routine request or a positive message?
A) Slowly build up to the request or main idea B) Not assume that your audience will comply C) Demand action to ensure compliance D) Be non-specific when stating what you want E) State precisely what you want
The recording of the jobs shipped and customers billed would include a debit to:
A) Accounts Payable B) Cash C) Finished Goods D) Cost of Goods Sold