Accrued Taxes Payable is a(n) ______ and reports the amount ______. liability; owed for federal income taxes.

Answers

Answer 1

Accrued Taxes Payable is classified as a liability account in financial accounting. It represents the amount of taxes that a company has incurred or accrued but has not yet paid.

Specifically, it reports the amount that is owed for federal income taxes. This liability arises when a company recognizes its tax obligation based on the income it has earned during a specific accounting period.

The accrued taxes payable account serves as a record of the unpaid tax liability until the company settles its tax obligation by making the required payment. It is important for businesses to accurately track and report their accrued taxes payable to ensure compliance with tax regulations and to have a clear understanding of their tax liabilities.

Learn more about Accrued Taxes here:

https://brainly.com/question/17321948

#SPJ11


Related Questions

Most young people who learn mariachi music
already know Spanish. True or false?
O FALSE
O TRUE?

Answers

Answer:

True because mariachi music is in spanish so in order to learn the type of music you need to lean the language

Explanation:

Answer:

False

Explanation:

Hello! Please would you mind helping me out?

Answers

This is very easy but sure!

Answer to bacon: bacon appeals to my senses by sent, when I smell this food I want to eat it or it makes me hungry.

Answer to pizza: pizza also appeals to my senses by sent because if my dad or mom brings home pizza I normally get hungry or in the mood for pizza.

Answer to orange juice: orange juice appeals to my senses by nothing to be honest because I don’t really like orange juice but I would have to say it appeals to my senses by taste because when I drink it it kinda taste good. (Ps. I don’t like orange juice you might so I probably would not use this one)

Answer to: watermelon: watermelon appeals to my senses by taste again because I really love watermelon it’s just so juicy and delicious that I would have it at any time of the day!

Sorry this is not the best but I tried have a nice day!

How did Times vs. Sullivan change the power of the press to investigate?

Answers

Answer:

it doesnt

Explanation:

Select the expression that represents the following statement: The sum of 6 and 8 multiplied by 4.

 

Select the expression that represents the following statement: The sum of 6 and 8 multiplied by 4.

 

Select the expression that represents the following statement: The sum of 6 and 8 multiplied by 4.

 

Select the expression that represents the following statement: The sum of 6 and 8 multiplied by 4.

Select the expression that represents the following statement: The sum of 6 and 8 multiplied by 4.

Select the expression that represents the following statement: The sum of 6 and 8 multiplied by 4.

Answer: v. Sullivan, 376 U.S. 254 (1964), was a landmark decision of the United States Supreme Court ruling that the freedom of speech protections in the First Amendment to the U.S. Constitution restrict the ability of American public officials to sue for defamation.

Explanation:

find the product of (6×±7y) and (5×-3y)



answer...........?​

Answers

Explanation:

30x^2 - 18xy + 35 xy -21y^2

30x^2 + 17xy - 21y^2

Why do you think the city flourished even after the death of lAexander?

Answers

Answer:

Alexandria is the second biggest city in Egypt and the country's most important harbor city. Since her founding in 331 BC, Alexandria's port saw traders from around the Mediterranean Sea, Phoenicians, Greeks, Romans, Spaniards, Portuguese and Arabs who used the port to trade their wares.

Explanation:

(01.04 MC)

Graph with x axis labeled Quantity Demanded and numbered in hundreds, 100 to 500. Y axis is Price, with prices 0 to 6. A line representing the Demand Curve starts at 100, 5 and drops at an angle down to 500, 1. Dashed lines extend from the x and y axes to point A 10, 15. Solid lines extend upward from the x axis to the green line at points 100, 5, 200, 4, 300, 3, 400, 2, and 500, 1.

© Public Domain



Based on the graph, what would happen if customers demanded 550 units of this product?
The price would drop to 0.5.
The quantity would be 0.
The quantity would be 0.5.
The price would rise to 2.

Answers

Answer:

A. The price would drop to 0.5.

Explanation:

The graph shows that for every increase of 100 units of the goods demanded, price reduces by 1 unit.

When 500 units was demanded, the price was at 1. Therefore, if 550 units are demanded, the price will reduce by half, which means the price would drop to 0.5.

Answer:

The price would drop to 0.5

Explanation:

Why did the Wheatfield decision have such a long standing impact?

Answers

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

The Wheatfield decision had such a long-standing impact because it transcended the test of time and today we can see the consequences of climate change on the planet.

When Artist Agnes Denes presented his artwork "Wheatfield-A Confrontation" in 1982, she planted a two-acre field of grain in New York City. At the back of this field were the skyscrapers of the city.

This was meaningful because the artists tried to send the message that large urbanization, concrete, and steel, were a major risk for the soil, agriculture, and the land.  

And as we see today, she was right and the meaning is that 30 years later, climate change is a major concern on planet earth and governments are trying to reach agreements to minimize the consequences of global warming.

Some of the worst mass murderers in history, such as Joseph Stalin in Russia and Mao Zedong in China, have been communist dictators.
A, True
B, Flase

Answers

Answer:

A. TRUE

Explanation:

Stalin's purges of intellectuals, military leaders that could be a threat to him,  religious leaders, essentially anyone judged as a utilitarian waste or threat were killed in the millions.  Stalin killed off more "enemies of the state than those killed in WWII.

Mao, similar communist dictator did the same in China.

Death squads sought out innocent people and killed them just to intimidate others.  Often times torture and gruesome deaths.  Worked to death in slave labor camps etc.

Which of the following describes the army of Alexander the Great..

It refused to keep fighting after 11 years of conquests

It came back to Greece after each victory

It wasn’t trained well and lost many battles

It was huge and moved slowest when attacking

Answers

It refused to keep fighting after 11years of conquest

What were some of the things that Europeans needed in order to begin to sail on the ocean and find an all water route to Asia?

Answers

Answer:

compass and the astrolabe

Explanation:

The compass and the astrolabe were needed by Europeans to begin to sail on the ocean and find an all-water route to Asia. Also, these tools helped explorers to sail across the Atlantic Ocean. The compass has a magnetic needle that always points towards the north. This needle can spin freely. So,  a ship’s navigator could find the other  directions if he knew which direction was north.

"The mind is flighty, and hard to grasp; the mind pursues all its desires. To tame the mind is great goodness. Subdue the mind and know tranquility (calmness)."

Which belief system's teachings are referred to in this quote?

Buddhism
Taoism
Legalism
Confucianism

Answers

Answer:

Buddhism

Explanation:

Explain how economists use the term “guns or butter¨

Answers

Guns and butter generally refers to the dynamics involved in a federal government's allocations to defense versus social programs when deciding on a budget. Both areas can be critically important to a nation's economy. Times of war can have a substantial effect on a country's economy and its societal progression.

write
some ways
of
women
empowerment​

Answers

Answer:

Here is a list:

Explanation:

Place women as leaders and give them decision making roles.

More Job Opportunities for Women:

Invest in Women's Entrepreneurial Ideas, Emotionally and Financially:

Taking Action against Unpaid Labour Work:

Good deeds always bxing good. Conseque?
nces "Explain with examples.​

Answers

Good Deeds List
Call a family member to tell them you love them.
Fill an expiring parking meter.
Leave some extra money in a vending machine.
Plant a tree.
Write a thank you letter to your parents.
Compliment a stranger.
Ask someone “How are you?” and listen.
Bake some goods for your neighbor(s).

Please answer some of these questions, they are about the Renaissance era and vocabulary that goes with them

Answers

Answer:

9. Humanism: emphasis on human potential and achievement. Doctrine promoting the welfare of mankind.

Humanism in the Renaissance made people want to learn more to be able to accomplish more.

10. Secular: concerned with worldly rather than spiritual matters

Politicians are the secular leaders of society

11. Patron: people that buy art or financially support artists

The Medici family were great patrons of the arts in the Renaissance.

12. Perspective: a way of looking at things

The photo of the tree in my backyard from my house has a completely different perspective than my neighbor's house.

13. Vernacular: the common language of the people

Shakespeare's plays were popular because they were not in Latin; they were written in the vernacular.

14. Utopia: Sir Thomas More (1477 - 1535)  coined the word 'utopia' from the Greek ou-topos meaning 'no place' or 'nowhere'. It was a pun - the almost identical Greek word eu-topos means 'a good place'.

We'd all like to live in utopia to get away from illness and fighting.

15. Johann Gutenberg: Creator of the printing press

The first Bible not copied by hand was printed on Johann Gutenberg's printing press in Germany.

16. Indulgence: a pardon that releases the sinner from their penalty of sin

Corrupt priests sold indulgences to wealthy members of society who had sinned.

17. Reformation: a movement of religious reform

Martin Luther started the Reformation to try to get the Catholic church to stop being corrupt

18. Annul: declare invalid

Henry VIII wanted the church to annul his marriage so he could marry someone else

19. Council of Trent: a meeting held by the Catholic Church to try to stop everyone from going to a protestant church.

The Council of Trent was the Catholic Church's counter-reformation attempt.

20. Jesuits: followers of the society of Jesus

Jesuits founded many academic institutions that are still open today

21. Anabaptistism: the belief that baptism should only be administered to believing adults.

Because they preached anabaptism, they refused to baptize the baby in front of them.

22. Calvanism: Protestant belief system started by John Calvin.

Calvanism believes people are saved/can go to heaven by faith alone and believe that our lives are predestined. We can't change what is going to happen.

How Did the Nile Shape Ancient Egypt?
I need it for an essay if you guys could help. Thank you

Answers

Answer:

the nile was very important because it was bot a source of food (fish) and flooding made the soil fertle for crops

Explanation:

please add brainliest if correct:)

Why is Washington called the “Father of Our Country?”


He took military control of the country after the Revolutionary War.


He was a Patriot, a great military commander, and an example for presidents.


He wrote most of the United States Constitution.


His writings convinced the British to give the colonies their independence.

Answers

Answer:

because he was a man who held fast to the trust as a leader, and was responsible in dealing with problems in the economy and he was a leader who listened to the grievances of the people and helped the people

Protein helps build muscle. Proteins are large molecules made up of other smaller molecules. What are those smaller molecules called?
A. Amino acids
B. Phospholipids
C. Red blood cells
D. nucleotides

Answers

Answer:

B. Phospholipids

Explanation:

Lipid's are a type of Macromolecule which is a molecule made up of thousands of smaller molecules.

Answer:

B

Explanation:

The Articles of Confederation stated that any changes in the government would require the agreement of all the states. Why was this considered a weakness of the Articles?

A.

it meant the government could not enforce laws

B.

it meant that Congress had too much power

C.

it meant that citizens had no say in changing the government

D.

it meant that changing the government was difficult

Answers

Answer:

D is your answer, it would be difficult for all states to agree on the changing of government.

Answer:

d

Explanation:

Ethics are not a consideration in which one of the following fields of research? Or do ethics enter in all of these fields?

a)Natural sciences
b)psychology
c)Medical
d)ethics enter in all of them

Answers

Answer:

goomba says D

Explanation:

four reasons for Nepal to
establish diplomatic relations plz help ​

Answers

Answer:

Multilateral relations of Nepal. Nepal has played an active role in the formation of the economic development-oriented South Asian Association for Regional Cooperation (SAARC) and is the site of its secretariat. Human rights issues. International disputes. International trade. Illicit drugs. Bilateral relations.

is the merry go round accelerating

Answers

Answer:

Yes

Explanation:

What was Alonzo Herndon main goal in life?

Answers

To gain wealth and help other African Americans

When something that is typically confined to a local area becomes worldwide, this process is called
.

Answers

Answer:

its firewall on edge

Explanation:

how can a person be employed​

Answers

Identify your transferable skills.
Write and practice saying your TMAY – “Tell Me About Yourself.”
Set objectives for yourself.
Polish your résumé
Network like crazy.
Use LinkedIn.
Apply, apply, apply.
Do your research.

Hope this helps

Which of the following describes Spartans women..

They were trained to be strong and could own land

They were treated harshly, almost like slaves

They fought as soldiers alongside men

They didn’t have to obey men

Answers

Answer: they were treated harshly, almost live slaves

Explanation:

What do you know about your question? (List 1-3 Things)


“The Mount Rushmore National Monument is carved from the granite of South Dakota’s Black Hills. What type of rock is granite?”

Answers

Answer:

Igneous

Explanation:

Consider how granite changes form. Granite is an igneous rock that forms when magma cools relatively slowly underground. It is usually composed primarily of the minerals quartz, feldspar, and mica.


What was George Washington's role during the Constitutional Convention

Answers

(A )his rule was to over see the debates

Answer:

his rule was to over see the debates

Explanation:

some refer to the caucasus region as_______________. A. western europe B. little Europe C. little Asia D. eurasia​

Answers

Answer:

eurasia

Explanation:

Answer:

d

Explanation:

Use the drop-down menus to complete the statements. The first country in Eastern Europe to end communism and become a democracy was RussiaPolandGermany. Václav HavelLech Walesa Boris Yeltsin led a nonviolent change to democracy in Czechoslovakia. Because the revolution in Czechoslovakia was nonviolent, it was known as the Soft RevolutionPeaceful RevolutionVelvet Revolution​

Answers

Answer:

Became a democracy was Poland

Vaclav Havel led a nonviolent change

It was known as the Velvet Revolution

Explanation:

Got it right

Answer:

the answer is B, A, C

Explanation:

Other Questions
which of the following titles is least indicative of a reliable health report? "What term did Cecil Taylor apply to the modules or sections that made up hiscompositions, which his band could work through for varying amounts of time?What type of notation did he use?" comm 102 today, chris works for a technology company. previously, he had a government job that had a formal organizational culture. when he started working for the tech company, he used written memos and e-mails for all of his workplace communication, but he was met with resistance from coworkers who preferred face-to-face communication. what component of organizational culture does chris find challenging? An electron moves in a circular path with a speed of 1.43 107 m/s in the presence of a uniform magnetic field with a magnitude of 1.84 mT. The electron's path is perpendicular to the field. (a) What is the radius (in cm) of the circular path? cm (b) How long (in s) does it take the electron to complete one revolution? s Question 1. Therefore, before the standard error can be found we must find the estimated regression equation for the given data, then calculate the predicted values of i to find the SSE. The data are given below.xi45121722yi19271436281. There are 5 observations in the data, so we have n = _______2. Find the estimated regression equation for these data using the least squares method. =_____ the nurse is preparing a patient for aortic surgery. which medication would the nurse administer in the preoperative pase Let f and g be continuous functions. If , f(x) dx = 5 and 8(x) dx = 7, then , (3f(x) + g(x)) dx = () 6 () 8 (C) 22 (D) 36 brannan manufacturing has a target debt-equity ratio of .65. its cost of equity is 13 percent, and its cost of debt is 6 percent. if the tax rate is 25 percent, what is the companys wacc? Company X plans to take advantage of the winds blowing in across the nearby prairie. Company X is considering installing a wind-driven turbine that would generate electricity, which would reduce their utilities cost. The project would have an initial cost of $550,000 and would provide a net cost savings of $62,000 per year. The equipment will have a life of 25 years. If Company X assigns a discount rate of 10% to this project, what is the net present value (NPV) of the turbine? HINT: Saving money on costs is the same as generating additional profit. A. $1,112,774 B. $12,774 C. -$12,774 D. $550,000 Which of these strategies is least vulnerable to an increase in trade barriers (such as the US-China 'trade war')? O Global standardization strategy O Multidomestic strategy O Transnational strategy Which parameterized curve is NOT a flow line for the vector field F=-yi+xj? A) F(t)= cost i + sint C) F(t)=sinti - costi B) F(t)= cost i-sint D) F(t)= 2 cost i +2 sint j The element that has four completely filled s sublevels, and three d electrons is:A. VB. CrC. NbD. TiE. Sc Visit two (2) different companies in Ghana with opposing pay-out policies (where one pays low and the other pays high). Find out from their respective Managements some real-world factors influencing their choice of pay-out policy.NB: Please visit the companies and do NOT copy from the textbook as this will compel the examiner to mark you down. I need help with this equation Can someone answer this question Solve the differential equation y+2y+y=e2tlntby variation of parameters. Suppose that the economy is operating below the full employment level of real GDP. If a liquidity trap exists, a(an) effective for solving the problem Multiple Choice expansionary monetary policy contractionary fiscal policy Oo oo ) expansionary fiscal policy contractionary monetary policy NO LINKS!! URGENT HELP PLEASE!!!!Measuring a Pond: A surveyor is measuring the width of a pond. The transit is setup at point C and forms an angle of 37 from point A to point B. The distance from point C to point A is 54 feet and the distance from point C to point B is 72 feet. How wide is the pond from point A to point B? due to the pandemic, a luggage manufactuer decides to have a year-end trade promotion. one outcome of that decision is Which of the following is the most likely sequence of events an auditor might follow in considering internal control?