T. chin starts a business. before he actually starts to sell anything he buys fixtures at $2,000, a motor vehicle for $5,000 and stock of goods for $3,500. although he bias paid in full fixtures and the motor vehicle, he still owns $1,400 for some of the goods. j. prest had lent chin $3,000. chin, after the above, has $2,800 in the business bank account and $100 cash in hand. you are required to his capital. so what is the capital, liberties and assets? this is principles of accounts.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.

Discuss ways that oracle could provide client customers with the ability to form better relationships with customers.