Numbers used as the first word of a sentence should be spelled out
Indicate whether the statement is true or false
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Deacon Company purchased equipment last year for $30,000 . The equipment has an estimated useful life of five years. What amount will appear on the income statement for depreciation expense for the month of March 2016?
a. $0 b. $500 c. $6,000 d. $30,000
During the first week of February, Gabe Hopen earned $300 . Assume that FICA taxes are 7.65 percent of wages up to $106,800, state unemployment tax is 5.0 percent of wages up to $13,000, and federal unemployment tax is 0.8 percent of wages up to $13,000 . Assume that Gabe has voluntary withholdings of $10 (in addition to taxes) and that federal and state income tax withholdings are $18 and $6,
respectively. Using the information above, what amount is the check, net of all deductions, that Gabe received for the week's pay? a. $243.05 b. $259.60 c. $274.60 d. $277.00
Which of the following is true of the median income test?
A) If a family has median family income equal to the state's median family income, the debtor does not qualify for a Chapter 7 bankruptcy. B) If a family has median family income below the state's median family income, the debtor is subject to the "means" test. C) If a family has median family income below the state's median family income, the debtor automatically qualifies for a Chapter 7 bankruptcy. D) A debtor's debts are not discharged if the family median income is more than the state's median family income.
Which of the following is one of the broad categories for martial property?
a. Quasi-community property b. Separate property c. Community property d. All of the above