A debt that has been outlawed by a statute of limitations cannot be revived.?

Indicate whether the statement is true or false


False

Business

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The adjusting entry for accrued interest on notes receivable includes

a. debiting Interest Expense and crediting Interest Revenue; b. debiting Interest Receivable and crediting Interest Revenue; c. debiting Interest Revenue and crediting Accrued Interest Payable; d. debiting Accrued Interest Receivable and crediting Interest Payable; e. none of these

Business

Which of the following sentences uses the passive voice to present the bad news?

A) We are unable to interview you for the social media specialist position at this time. B) Although we were impressed with your application, we have no positions available at this time. C) Although the social media specialist position has been filled, we wish you well in your job search. D) We are not hiring at this time, even though we are impressed with your credentials.

Business

Unit cost per service is calculated by dividing total costs by the total number of services provided

Indicate whether the statement is true or false

Business

The following information is available for Bob and Brenda Horton, a married couple filing a joint return, for 2018. Both Bob and Brenda are age 32 and have no dependents.



a. What is the amount of their gross income?
b. What is the amount of their adjusted gross income?
c. What is the amount of their taxable income?
d. What is the amount of their tax liability (gross tax), rounded to the nearest dollar?
e. What is the amount of their tax due or (refund due)?

Business