Rosa's pretax accounting income in 20X2 is $3,000. Rosa deducts depreciation for tax purposes in excess of accounting depreciation of $300 in 20X1 and $700 in 20X2. It is expected the depreciation deduction will reverse $500 in 20X3 and $500 in 20X4. The income tax rate is 40%. What is the amount in the deferred tax liability account at the end of 20X2

Which of the following is not a personality trait? sincerity word processing punctuality laziness

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment