What is the difference between realized income and recognized income?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
Realized income occurs when a taxpayer receives an increase in wealth in an armslength transact...View the full answer
Answered By
SUJOY KUMAR GHOSH
I am Sujoy Kumar Ghosh.Now I am doing my M.sc course in physics from Kalyani University.I completed my B.sc course in Physics from Bejoy narayan Mahavidyalaya,University of Burdwan in 2019.I have a habbit to solve different kind of physics problems and I am able to answer your question with confidence. I also have teaching experience abou 1 years B.sc physics and 3 years Higher secondary physics subject. And I have a good idea about Electronics project and I also make different electronics circuit and have a distinct knowledge about electronics circuital problems.
If any kind of problems about physics is come in your study then ask me I will answer it confidently.I am always with you as a friend and also a tutor.
0.00
0 Reviews
10+ Question Solved
Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
Question Posted:
Students also viewed these Business Law questions
-
What is the difference between an offer for a unilateral contract and an offer for a bilateral contract? Why might that difference be important to understand?
-
What is the difference between saturated liquid and compressed liquid?
-
What is the difference between saturated vapor and superheated vapor?
-
Segment (Division) Evaluation In this assignment you will analyze the performance of PepsiCo's divisions. SFAS 131 requires publicly traded companies to disclose division information in the notes to...
-
Describe the physical differences between capillary and packed columns. What are the advantages and disadvantages of each?
-
Helen Ortega opened a small tax-preparation service. At the end of its second year of operation, Ortega Tax Service had the trial balance that appears below. The following information is also...
-
The starting lineup for a baseball team in an international match is 12 players. How many different batting orders are possible using the starting lineup?
-
The Ploughman family owns and operates a 640-acre farm that has been in the family for several generations. The Ploughmans always have had to work hard to make a decent living from the farm and have...
-
You borrow $150,000 today (t=0) at 14% APR with quarterly compounding. You make equal semi-annual payments back to the lender starting 6 months from now (t=1), up to and including 10 years from now....
-
A study claims that all homeowners in a town spend an average of 8 hours or more on house cleaning and gardening during a weekend. A researcher wanted to check if this claim is true. A random sample...
-
One of Adam Smith's four criteria for evaluating a tax is certainty. Does the income tax definition of gross income promote certainty in the U.S. tax system? Explain.
-
Buford purchased a new automobile in March for $23,000. In April, he receives a $500 rebate check from the manufacturer. The rebate was paid to all customers who purchased one of the manufacturer's...
-
A balanced Y-connected load with \(Z_{Y}=100-j 20\) \(\Omega\) per phase is connected in parallel with a balanced \(\Delta\) connected load with \(Z_{\Delta}=120+j 500 \Omega\) per phase. (a) Find...
-
A business loan worth Php 1,000,000 is to be repaid quarterly in 2 years . The interest rate is 10% converted quarterly. a.) How much is the quarterly payment? b.) How much is the total amount paid...
-
Derive the number of futures contracts required to hedge a position in a well diversified portfolio of stocks. Briefly explain.
-
Does the company have any other incomes or expenses outside its normal operating bussiness?
-
prepare T-accounts from the followings transactions and post them in a trial balance bril 2 2 3 7 11 12 17 21 24 30 Issued stock to investors in exchange for $40,000 cash. Hired an assistant at a...
-
a house has rooms with 123 ,64 ,82 and 110sq ft respectively .A bundle of tiles will cover 12sq ft and costs $23.75. How much will the tiles cost to tile these rooms
-
Graph the equation you found in Problem 1f superimposed on the original scatterplot. Data from problem 1f Fit the model V = CP a to the ``pace of life'' data in Table 4.5. Use the transformation log...
-
Reconsider Prob. 1474. In order to drain the tank faster, a pump is installed near the tank exit as in Fig. P1475. Determine how much pump power input is necessary to establish an average water...
-
Net Present Value Your company has the opportunity to invest in a new computer system that requires an initial outlay of 20,000, and will increase the firms cash flows by 4,000 per year for the next...
-
1. What is the plaintiffs allegation in this case? 2. Is that language, by itself, misleading?
-
What else did the prospectus say to qualify the optimistic language?
-
1. Even with all this cautionary language, under what circumstances would the partnership be liable? 2. What is the goal of a prospectus? 3. Is a prospectus by definition defective if the investment...
-
In the context of solid-liquid extraction, how do particle size distribution, porosity, and surface area of the solid matrix impact extraction kinetics and overall efficiency? Provide examples of...
-
Discuss the challenges and opportunities associated with the extraction of bioactive compounds from natural sources using environmentally benign solvents and green extraction techniques, such as...
-
The driver of a car traveling at 31.9 m/s applies the brakes and undergoes a constant deceleration of 1.12 m/s 2 . How many revolutions does each tire make before the car comes to a stop, assuming...
Study smarter with the SolutionInn App