Mayfair co. completed the following transactions and uses a perpetual inventory system. june 4 sold $700 of merchandise on credit (that had cost $350) to natara morris, terms n/15. 5 sold $7,800 of merchandise (that had cost $3,900) to customers who used their zisa cards. zisa charges a 3.0% fee. 6 sold $5,602 of merchandise (that had cost $2,801) to customers who used their access cards. access charges a 2.0% fee. 8 sold $4,590 of merchandise (that had cost $2,295) to customers who used their access cards. access charges a 2.0% fee. 13 wrote off the account of abigail mckee against the allowance for doubtful accounts. the $425 balance in mckee’s account was from a credit sale last year. 18 received morris’s check in full payment for the june 4 purchase.

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.