On dec. 15, 2018, jack’s tax prep, a cash-method taxpayer, prepaid $5,000 worth of deductible interest on a business loan. the interest won’t accrue until january 2019. jack’s tax prep will be displaying at a tradeshow in january 2019. on dec. 16, 2018, jack’s prepaid the $4,000 trade show booth rental expense. use of the booth will occur in january 2019. in addition, on dec. 28, 2018, ed’s equipment repaired some equipment in jack’s office and billed jack’s $2,000. jack’s received the invoice on dec. 28, 2018 and paid the $2,000 invoice on jan. 29, 2019. how much of the $11,000 in deductible business expenses may jack’s tax prep deduct in 2018? in addition to the $11,000 in expenses, in dec. 2018, jack’s prepaid two years’ worth of office rent ($4,000/month * 24 months = $96,000). the rent covers jan. 1, 2019 through dec. 31, 2020. how much of the $96,000 prepaid rent can jack’s deduct in 2018? instead, jack’s only prepaid six months’ worth of office rent ($4,000/month * 6 months = $24,000) in dec. 2018. the rent covers jan. 1, 2019 through june. 30, 2019. how much of the $24,000 prepaid rent can jack’s deduct in 2018?

Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.