Why do we need taxes

Jim just found a job with a take-home pay of $1,000 per month. he must pay $500 for rent and $100 for groceries each month. he also spends $100 per month on transportation.

Explain the principle of scarcity and how it applies to people as well as countries

g The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below.

Which of the following statements is false regarding the nature, timing, and extent of risk responses? a.

The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit

Briefly discuss the importance of the project charter, and compare the roles played by the project sponsor and the project manager with respect to the preparation of this document.

Heritage, Inc., had a cost of goods sold of $45,321. At the end of the year, the accounts payable balance was $8,513. How long on average did it take the company to pay off its suppliers during the year

The United States began collecting federal income tax in which year? A.) 1776 B.) 1861 C.) 1913 D.) 1955

A company has the choice of either selling 1,000 unfinished units as is or completing them. The company could sell the unfinished units as is for $4.00 per unit. Alternatively, it could complete the units with incremental costs of $1.

A merchandising company's sales budget indicates the following sales: January: $30,000; February: $20,000; March: $15,000. The company expects 80% of the sales to be on account.