Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $150 in cash from a customer for services rendered this year a promise from a customer to pay $190 for services rendered this year tickets to a football game worth $225 as payment for services performed last year a check for $180 for services rendered this year that Bill forgot to cash How much income should Bill realize on Schedule C?

Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?

An emerging methodology to integrate the effort of the development team and the operations team to improve the functionality and security of applications is known as

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i.e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000