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excise duty
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Does contribution margin equals revenue minus all variable costs?
Yes, Revenues minus variable costs gives you your contribution margin. Contribution margin minus fixed costs gives you net income.
Sort the statements below into the correct order in which the federal budget is prepared.?
The president gives a proposed budget to Congress. Congress decides on the details of the budget. The president signs spending bills into law. . The Office of Management and Budget (OMB) and the president prepare a proposed budget. Congress decides on the overall level of spending and taxation and passes specific spending bills. The president signs various spending bills into law.
What are advantages of budgeting?
A budget gives you an idea of where you can spend or invest and how much. Working out estimates inline with available resources and the benchmark of the firm
How can one negotiate an IRS offer in compromise form?
The Internal Revenue Manual Section 5.8 offers guidance on completing a compromise form for the collection of taxes. Additional the Internal Revenue Service (IRS) website gives a listing of costs and filing fees as well.
What Liability-revenue relationship exsts with an unearned revenue adjusting entry?
If I understand your question correctly, you would like to know the relationship between unearned revenue and liabilities? Unearned revenue is something given to you for nothing. For example, cash given to you in advance for 6 months of services. You now have a liability because you OWE someone a service. Just like when you borrow money from the bank, you OWE them the principal and interest at the date of maturity.This is what the journal entry would look like:Client gives you $6,000 for 6 months of servicesCash $6,000Unearned Revenue $6,000Once you complete the first month of service, you can then reduce Unearned RevenueUnearned Revenue $1000Revenue $1000Just remember, you dont record revenue until you EARN it.
Which state gives the maximum revenue to the central?
Maharashtra
Which direct tax gives maximum net revenue to the government?
income tax
Is a budget surplus better than a budget deficit?
It is better to have a deficit budget at it gives a boost to the economy for development with scope for further surplus (revenue or borrowing).Surplus budget is detrimental to economic growth because an economy will have resources but no plans.
What is the meaning of revenue budget?
Revenue budget is the amount of money allocated to a business for the maintenance and growth of that business to keep it moving forward in hopes of a profit. It gives you of financial picture of many aspects of the business funds such accounts receivable, etc. and therefore saves you time by having all the information available to you in an organized chart.
What does union gives strength mean?
union gives strength
Which branch gives the OK for budget spending?
The legislative branch authorizes and appropriates funds for budget spending.
What are the cheat codes to lunar days sim date?
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Who gives an State of the Union Address?
president
Who gives maximum corporate tax to government of India?
Mubai
Who is gives maximum tax in India government?
Income Tax
What is the bill called that gives approval for spending public money?
A Budget Approval
The Constitution gives the power to determine the size and the budget of the Defense Department to?
congress
