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NEW QUESTION: 1
Answer:
Explanation:
Explanation
NEW QUESTION: 2
Mosh, a sole proprietor, uses the cash basis of accounting. At the beginning of the current year, accounts
receivable were $25,000. During the year, Mosh collected $100,000 from customers. At the end of the
year, accounts receivable were $15,000. What was Mosh's gross taxable income for the current year?
A. $75,000
B. $90,000
C. $100,000
D. $110,000
Answer: C
Explanation:
Explanation
Choice "c" is correct. The facts state that cash collections from customers were $100,000 and as a cash
basis taxpayer this is the amount of Mosh's gross taxable income for the year. Note that according to the
formula BASE - we can determine the amount of sales = $90,000, but that would give us accrual, not cash
basis, income.
Choice "a" is incorrect. See explanation above.
Choice "b" is incorrect. $90,000 is the amount of sales that would be Mosh's taxable income if Mosh were
an accrual basis taxpayer.
Choice "d" is incorrect. See explanation above.
NEW QUESTION: 3
A. Option A
B. Option B
C. Option D
D. Option C
Answer: A
Explanation:
Explanation
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NEW QUESTION: 4
技術者であるKurtは、クライアントワークステーションのローカルの日付と時刻をサーバーの日付と時刻に同期させるために、次のどのプロトコルを使用しますか
A. NTP
B. RTP
C. ARP
D. TFTP
Answer: A
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