Mike started a calendar year business on september 1st of this year by paying 12 months rent on his shop at $1,000 per month. what is the maximum amount of rent that mike can deduct this year under each type of accounting method? a. $12,000 under the cash method and $12,000 under the accrual methodb. $4,000 under the cash method and $12,000 under the accrual methodc. $12,000 under the cash method and $4,000 under the accrual methodd. $4,000 under the cash method and $4,000 under the accrual methode. $4,000 under the cash method and zero under the accrual method

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?