In january, tongo, inc., a branding consultant, had the following transactions. received $15,400 cash for consulting services rendered in january. issued common stock to investors for $13,500 cash. purchased $13,300 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. received $10,550 cash for consulting services to be performed in february. bought and received $1,660 of supplies on account. received utility bill for january for $1,560, due february 15. consulted for customers in january for fees totaling $23,400, due in february. received $17,300 cash for consulting services rendered in december. paid $830 toward supplies purchased in (e). prepare the journal entry for each of the above transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .

Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?

Which of the following best describes why you need to establish goals for your program?