Yes, of course. Call the income anything you want, it is what it is.
by anil dr -------40000 to sale cr---------40000
Multiply the 40000 by your marginal tax rate and that would be the amount of federal income taxes that would be due on the 40000 taxable amount. 40000 X 15% = 6000 of federal income tax
What is the income tax on $200,000
This could be possible BUT you will know the correct numbers until you have completed your 1040 federal income tax return to the last line where it says amount of refund.
28000-40000 US Dollars Though can be more Depends on -size of business company -years experience -amount of time working there -who their working for -How much they are involved 32000 US dollars is the avererage
by anil dr -------40000 to sale cr---------40000
Multiply the 40000 by your marginal tax rate and that would be the amount of federal income taxes that would be due on the 40000 taxable amount. 40000 X 15% = 6000 of federal income tax
Necrons
Sales revenue = breakeven sales + Fixed Cost Sales revenue = 40000 + 30000 sales revenue = 70000 Prove Sales revenue = 70000 Less: V.C = 40000 Contribution Margin = 30000 Less:Fixed Cost = 30000 Profit (loss) = Nill
Assuming that the interest is charged on the amount owed by Geeta for purchasing the goods, the journal entry would be: Debit: Accounts Receivable - Geeta (Rs. 40000) Credit: Sales Revenue (Rs. 40000) Credit: Interest Income (amount of interest charged)
1 percent of 40000 = 4001% of 40000= 1% * 40000= 0.01 * 40000= 400
3.5% of 40000= 3.5% * 40000= 0.035 * 40000= 1400
3.15% of 40000= 3.15% * 40000= 0.0315 * 40000= 1260
22% of 40000= 22% * 40000= 0.22 * 40000= 8800
40000
4 x 10000
40000 is 400,00