When searching on an electronic (online) tax service, which approach is more frequently used?
A. Internal Revenue Code section approach
B. Keyword approach
C. Table of contents approach
D. Index
E. All are about the same
Answer: B
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A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8 . Subsequently, the company declared a 4% stock dividend on a date when the market price was $12 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
a. $12,800 b. $19,200 c. $32,000 d. $48,800
Discuss guidelines for writing letters of condolence to coworkers
What will be an ideal response?
Marty and Biff both work for the same company producing the same teacups. Because they get paid a certain amount for each teacup they produce, and because Biff produces more teacups than Marty, Biff makes more money than Marty. This scenario is an example of a ______.
A. piece rate plan B. profit sharing plan C. merit pay plan D. gainsharing plan
Sky Company collected $12,350 in interest during 2013 . Sky showed $1,850 in interest receivable on its December 31 . 2013 . balance sheet and $5,300 on December 31 . 2012 . The interest revenue on the income statement for 2013 was
a. $3,450. b. $8,900. c. $12,350. d. $14,200.