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How do you calculate operations income and net income
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Compute the amount of net income or net loss for this first month of operations.
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a. Barlow deposited $10,000 cash in a business bank account, and the corporation issued common stock to him. b. Borrowed $5,000 cash from the bank and signed a note payable due within 1 year. c. Paid $300 cash for supplies. d. Purchased advertising in the local newspaper for cash, $800. e....
The manager of company A is given a bonus based on income before income taxes. Net in
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I earn income in CA, husband earns income in TX. We live in TX. How do we file taxes?
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