True /False? the wagner act enlisted efforts to break up unions in favor of employers.

Answers

Answer 1

The statement "The Wagner Act did not enlist efforts to break up unions in favor of employers" is false because this act improve the rights and working conditions of employees.

The Wagner Act is a United States law enacted on July 5, 1935, which was intended to improve the working conditions and rights of employees. The Act, also known as the National Labor Relations Act, makes it illegal for employers to treat workers who are members of a union or those who engage in union-related activities unfairly. The Act encourages collective bargaining between unions and employers, and it has been credited with assisting in the creation of the middle class in the United States. It is incorrect to say that the Wagner Act enlisted efforts to break up unions in favor of employers. The Act, which was enacted during the Great Depression, sought to safeguard workers' rights and ensure that they were treated fairly by their employers. The Wagner Act is regarded as a significant piece of labor legislation in the United States because it provided employees with protection against management actions and empowered them to join unions to engage in collective bargaining.

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Related Questions

Salary is an example of _____ income. labor, rental, interest, none of the above

Answers

Answer:

rental

Explanation:

Business EDG 2021

A salary is an example of labor income. Thus, option A is correct.

What is an income?

An income can be defined as the amount which is earned by a person. It can be with respect to any job that he or she has done. It can also be from an investment. It is the amount that is taxable and is being paid to the government

Salary can be defined as the amount an employee or a person who renders a service gets paid. It is for the person who has some expertise in a particular role, and for that, they get a salary.

A salary is an example of labor income. It is because most salaries are based on the services provided. A labor income is also one who renders their service. As a result, salary will be a separate column which will be present.

Therefore, option A is the correct option.

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Jesse Brimhall is single. In 2022, his itemized deductions were $9,000 before considering any real property taxes he paid during the year. Jesse's adjusted gross income was $70,000 (also before considering any property tax deductions). In 2022, he paid real property taxes of $3,000 on property 1 and $1,200 of real property taxes on property 2. He did not pay any other deductible taxes during the year.
1. If property 1 is Jesse's business building (he owns the property) and property 2 is his primary residence, what is his taxable income after taking property taxes into account (ignore the deduction for qualified business income)?

Answers

Jesse's taxable income after taking property taxes into account is $56,800.
To calculate Jesse's taxable income after taking property taxes into account, we need to follow these steps:

1. Calculate the total itemized deductions, including property taxes:
  $9,000 (initial itemized deductions) + $3,000 (property 1 taxes) + $1,200 (property 2 taxes) = $13,200

2. Determine the standard deduction for a single filer in 2022:
  The standard deduction for a single filer in 2022 is $12,950.

3. Compare itemized deductions with the standard deduction:
  Since Jesse's total itemized deductions ($13,200) are higher than the standard deduction ($12,950), he should choose to itemize his deductions.

4. Subtract itemized deductions from adjusted gross income to find taxable income:
  $70,000 (adjusted gross income) - $13,200 (itemized deductions) = $56,800

Jesse's taxable income after taking property taxes into account is $56,800 (ignoring the deduction for qualified business income).

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How do bonds generate income for investors?

A. Bonds depreciate in value.
B. Bonds protect investors from bankruptcy.
C. Bonds pay interest to the bank that sold the bond.
D. Bonds pay a specified amount to the investor at maturity.

Answers

Answer: D) bonds pay a specific amount to the investor at maturity

Explanation:

Bonds generate income for investors: B. Bonds protect investors from bankruptcy.

Bonds are considered to be safer investments as compared to the stocks because the bondholders can claim on the money generated by deposition of bonds in the event of bankruptcy. It becomes one of the source of income in scarcity of money. Bonds depreciates in value with time. The value of the bond reduces with as that of its face value. Bonds pay principle interest to the bond holder rather than to the bank. There is no surety of getting a specified amount after the maturity of bond as the value of bond depreciates with the time.

Hence, option B is correct.

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ryan 's overtime is figured on a 40 hour week. last week he worked 51 hours. this week he worked 9 hours on Monday, 8 hours on Tuesday, 10 hours on Wednesday, 9 hours on Thursday, and 8 hours on Friday. how many overtime hours did he work during the two week period?

Answers

Last week 51-40=11 hours
This week 9+8+10+9+8=44-40=4 hours
Ryan worked 15 hours of overtime during the two week period.

Developmentalists believe that life-span development is ______ because it consists of interactions of biological, cognitive, and socioemotional factors. multiple choice question.

Answers

Developmentalists contend that because biological, cognitive, and socioemotional elements interact with one another, life-span development is multidimensional.

PERIOD DEVELOPMENT

Lifespan development is the process of growth throughout a person's life, from conception to death. Understanding all of the psychological, social, and cognitive changes that people go through requires a broad perspective. Since people adhere to a wide range of cultural traditions and ideals, this field of study is both broad and diverse.

What is multidimensional development?

The term "multidimensional development" recognizes the complexity of human development. Instead, the term "human development" is inclusive and covers a large range of potential components, such as:

Social advancement

Healthcare\

Education

societal cohesion (societies work together)

economic growth

Income

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In the Challenge​ Solution, would it make a difference to the analysis whether the​ lump-sum costs such as registration fees are collected annually or only once when the firm starts​ operation? How would each of these franchise taxes affect the​ firm's long-run supply​ curve? The Federal Motor Carrier Safety Administration​ (FMCSA) along with state transportation agencies in 38 states administer interstate trucking licenses through a Single State Registration System. ​ However, the registration process is​ complex, time​ consuming, and expensive. There are many fees and costly regulations that a trucker or firm must meet to operate. For​ example, for a large​ truck, the annual federal interstate registration fee can exceed​ $8,000. These largely​ lump-sum costswhich are not related to the number of miles drivenhave increased substantially in recent years. What effect do these new fixed costs have on the trucking market price and​ quantity? Are individual firms providing more or fewer trucking​ services? Does the number of firms in the market rise or​ fall? The Challenge Solution suggests the market price will increase and the market quantity will decrease. ​ Further, the number of firms in the market will​ fall, although each firm remaining in the market will produce more. Instead of being collected​ annually, if the​ lump-sum costs are collected only once​ (when the firm starts​ operation), then

Answers

Answer:

The answer is "nothing changes because the fees would still be fixed costs."

Explanation:

When annual expenses throughout the cash payment are recovered, a long-term delivery curve of both the company will change.

When the lump sum costs are still only obtained once, the long-term supply curve shall be changed.

It is because, regardless of how it is paid, this tv license has little effect mostly on low cost but only a fixed cost. Its amount of output relies on how well the cost of the profit changes. Provided these are fixed costs, their performance doesn't matter.

What effect would reducing income tax rates have on the interest rates of municipal​ bonds? A. Interest rates would rise because the reduction in income tax rates would make the​ tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. B. Interest rates would fall because the reduction in income tax rates would make the​ tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. C. Interest rates would fall because Treasury securities are now less valuable and more people will want to hold municipal bonds. D. Interest rates would rise because Treasury securities are now less valuable and more people will want to hold municipal bonds.

Answers

Answer:

A. Interest rates would rise because the reduction in income tax rates would make the​ tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds.

Explanation:

In the case when the income tax rate is decreased on the municipal bonds so here the interest rate would increase as there is a decrease in the income tax rate due to which there should be the tax-exempt for the municipal bonds also it is less valuable. In addition to this, it also decrease the municipal bond demand

hence, the correct option is A.

PLEASE HELP!!! What is the name for the highest amount a policyholder pays for deductibles, coinsurance, and co payments?
A. benefit maximum
B. coverage maximum
C. out-of-pocket maximum
D. premium maximum

Answers

C. Out-of-pocket maximum

Answer:

out of pocket

Explanation:

plato

What should the Admin create to synchronize objects from Service Cloud Mobile, pull the information into Marketing Cloud, and share contact data with business units?A) Create a synchronized population group in Mobile Service Cloud and link the object to Marketing Cloud.B) Create a synchronized attribute group in Marketing Cloud and link the object to Mobile Service Cloud.C) Create a synchronized attribute group.D) Create a synchronized data extension.E) Create a synchronized data source with the sharing window set to outside the business unit.

Answers

The Admin creates a synchronised data extension to synchronise Service Cloud Mobile objects, pull the data into Marketing Cloud, and share contact data with business units.

What do you know about  Service Cloud Mobile?

Service Cloud Mobile is a mobile application from Salesforce that enables organisations to provide customer service from any device. The app allows agents to connect with customers on any device, anytime, anywhere. It also provides agents with access to customer information and resources when they need them. Service Cloud Mobile also allows agents to create cases, assign tasks, and collaborate with other teams. The app also integrates with Salesforce’s other products to provide a comprehensive customer service experience. This app also has features such as real-time analytics, automated workflow and customised mobile forms. On top of that, it offers a secure, intuitive and easy to use interface, making it a great choice for businesses that need to provide customer service on the go.

So, The Admin create a synchronized data extension.

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A Choir has


30 total members.


14 are boys.


How many are girls?


Choose the answer that shows the ratio of boys to girls in simplest form.


Moot


O


о


Gl Glos


o


7


15

Answers

To determine the number of girls in the choir, we subtract the number of boys from the total number of members:

Total members - Boys = Girls

30 - 14 = 16

So, there are 16 girls in the choir.

To find the ratio of boys to girls in simplest form, we divide the number of boys by the number of girls:

Boys / Girls = Ratio

14 / 16 = 7/8

Therefore, the ratio of boys to girls in simplest form is 7:8.

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a former spouse is treated as being in the same family as the individual to whom he or she was married for purposes of determining the number of s corporation shareholders.

Answers

As an AI language model, I can provide information based on general knowledge up until September 2021.

However, I don't have specific information on recent legal changes or updates. Therefore, it's essential to consult an attorney or tax professional for the most accurate and up-to-date advice regarding specific legal or tax matters.

That being said, as of my last knowledge update, the treatment of a former spouse for determining the number of S corporation shareholders may depend on the specific regulations and laws of the jurisdiction in question. In general, for federal tax purposes in the United States, an S corporation is limited to having no more than 100 shareholders, and there are specific rules regarding who can be counted as a shareholder.

According to the Internal Revenue Code (IRC) Section 1361, a person's spouse is treated as a shareholder if they own stock in the S corporation. However, a former spouse who is no longer married to the shareholder may not be considered a shareholder unless they continue to hold stock in the S corporation.

It's important to note that laws and regulations can vary, and there may be specific provisions in different jurisdictions that could impact the treatment of former spouses in determining the number of S corporation shareholders. Therefore, it's always advisable to consult a legal or tax professional familiar with the laws and regulations applicable to your specific situation for accurate and up-to-date guidance.

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which of the following should a person not do when facing an ethical dilemma?
a.Review the company’s code of ethics
b.Study laws and regulations of an industry
c.Make a choice based on company’s profits
d.Consider stakeholders' interests

Answers

A person should not make a choice based solely on the company's profits when facing an ethical dilemma. Instead, they should review the company's code of ethics, study laws and regulations of the industry, and consider stakeholders' interests. Making decisions based solely on profits can lead to unethical behavior and harm the company's reputation. It is important to prioritize ethical values and principles in decision-making to ensure long-term success and sustainability.

When facing an ethical dilemma, it is important to consider various factors such as the company's code of ethics, laws and regulations of the industry, and the interests of stakeholders. However, making a decision based solely on the company's profits can lead to unethical behavior and potentially harm the company's reputation and relationships with stakeholders. It is important to consider the long-term consequences of any decision and ensure that it aligns with ethical principles and values.

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Q Question 4 (6 points) Retake question What is a TIA and how does this compare to a CVA? Can having a TIA be a predictor for future stroke risk? Why or why not.

Answers

A TIA (Transient Ischemic Attack) is a temporary interruption of blood flow to the brain, causing stroke-like symptoms that resolve within 24 hours. It is often considered a warning sign for a potential stroke. A TIA can be a predictor for future stroke risk because it indicates an underlying condition that increases the likelihood of a full-blown stroke.

A TIA is a brief episode of reduced blood flow to the brain, usually caused by a temporary blockage of a blood vessel. The symptoms of a TIA are similar to those of a stroke, such as sudden weakness or numbness in the face, arm, or leg, difficulty speaking, and loss of balance. However, unlike a stroke, the symptoms of a TIA resolve within 24 hours.

Having a TIA can indeed be a predictor for future stroke risk. A TIA is often caused by the same underlying conditions that lead to a stroke, such as atherosclerosis or blood clot formation. Experiencing a TIA indicates that there is an increased risk of a full-blown stroke occurring in the future. It is essential for individuals who have had a TIA to receive medical evaluation and take preventive measures to reduce their risk of a stroke.

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What are the causes of corruption and fraud in the public sector​

Answers

Answer: All before-mentioned forms of corruption occur in the public sector, including bribery, embezzlement, illicit enrichment, trading in influence, and abuse of functions (which can involve favouritism and nepotism).

Explanation:

Answer:

•Country size.

•Country age.

•Resource curse.

•Political instability.

•Wages.

•Lack of rule of law.

•Failure of governance.

•Size of government.

outline 2 advantages to H&H of using secondary market research​

Answers

Answer:

Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable

the type of mortgage loan that best fits the asset-liability mix of most depository institutions is a(an)

Answers

The type of mortgage loan that best fits the asset-liability mix of most depository institutions is an adjustable-rate mortgage.

What is an adjustable-rate mortgage?

Adjustable rate mortgage is described as a form of loan that has a variable rate of interest. It is important to mention that the initial rate of interest for a specific period remains fixed. Secondly, the interest rate falls on the outstanding balance, and it takes place at monthly and yearly intervals. It is a form of a home loan and the for homebuyers.

The adjustable rate mortgage is a mortgage loan that is provided to home buyers for buying a home. The home buyer in this scenario can choose a fixed rate of interest or can choose to have a fluctuating rate of interest.

It can be concluded that the type of mortgage loan that best fits the asset-liability mix of most depository institutions is an adjustable-rate mortgage.

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You sell pies at a farmers' market for $7. 50 each. A group of 5 kids wants to pitch in equally to share one of your pies. How much will each of them need to pay to buy a whole pie together?.

Answers

The amount that each of them need to pay to buy a whole pie together is $1.50.

Using this formula

Amount=Selling price of pie/Number of kids

Where:

Selling price=$7.50 each

Number of kids=5

Let plug in the formula

Amount=$7.50 / 5

Amount= $1.50

Inconclusion the amount that each of them need to pay to buy a whole pie together is $1.50.

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57) One survey of CEOs from around the world reported that ______ percent of U.S. CEOs had no foreign experience. A) 2. B) 14. C) 34. D) 64. B) 14.

Answers

The survey of CEOs from around the world reported that 14% of U.S. CEOs had no foreign experience. The correct answer is option b.

The CEOs around the world have different working experiences that can be vital to the companies' growth and expansion. A research survey showed that only 14% of CEOs in the United States had no international working experience. The report shows that 86% of CEOs in the United States have had previous international experience, compared to 96% of their counterparts in other developed economies such as the United Kingdom and Canada.

What are CEOs?

CEO stands for Chief Executive Officer. It is the highest-ranking officer of a company. A CEO is responsible for managing the company's overall operations, including planning, organizing, and executing business strategies to achieve the company's goals. CEOs have a significant impact on the company's success, including profitability, growth, and reputation.

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Write in short about medical occupation. Enlist its importance.

Answers

Answer:

Medical Occupations provides an introduction and broad exploration into several careers within the medical field including: Medical Assisting, Emergency Medicine, Veterinary Medicine, Dental Assisting/Hygienist, Geriatric Assistant, Pharmacy Technician, Physical Therapy, Surgical Technician and Nursing.

Explanation:

its importance are: The main focus of occupational health include promotion and maintenance of working capacity and employee health; improvement of working environment; development of work cultures and organizations to support health and safety; promotion of positive social climate and smooth operation; enhanced productivity of the ..

hope it helps you mark as brainlist

What is the One Club? They asked me this on my homework assignment.

Answers

Answer:

The One Club is an American non-profit organization that recognizes and promotes excellence in advertising. Founded in New York City as The One Club for Art & Copy, The One Club produces four annual award competitions: One Show, One Show Design, One Show Interactive and One Show Entertainment.

1.1 Which statement best describes financial accounting …

A. Reports are prepared for managers and users inside the organisation

B. Provides a scorecard by which the past performance of a business is judged in

the form of financial statements which are used by stakeholders outside the

organisation

C. Conduct an official financial inspection of a company or its accounts

D. A and B only

E None of the above​

Answers

I’m not sure but I am thinking is B or C but if they are then I’m sorry :(

What does Beshara say is important about the book

Answers

Answer:

what book there'S A LOT

RESEND IT THX

nobody can figure out this question without a provided file or a specific name of the book

heather is seeking to start a business. she is concerned with having enough money to start the business, even after taking a loan from the bank. she is interested specialization and still wants some control over the decisions. which form of business organization would be best to set up?

Answers

Answer:

Partnership would be best

An investor in the 35% marginal tax bracket is interested in determining their equivalent taxable yield. At what interest rate on a Treasury bond would the investor be indifferent if they are considering buying a 6% muni?

Answers

An investor in the 35% marginal tax bracket would be indifferent to buying a 6% municipal bond if they found a Treasury bond paying an interest rate of 9.23%.

What is the equivalent taxable yield? The equivalent taxable yield is the taxable yield that an investor would have to receive from a taxable security to equal the yield of a tax-exempt security. It is a means of comparing the return from two investment choices with different tax implications. What is the formula for calculating the equivalent taxable yield ?Formula for calculating the equivalent taxable yield is:

Equivalent taxable yield = tax-free yield / (1 - marginal tax rate)How to find the equivalent taxable yield? To find the equivalent taxable yield, use the given information as follows: tax-free yield = 6%marginal tax rate = 35%Therefore,Equivalent taxable yield = tax-free yield / (1 - marginal tax rate) = 6% / (1 - 0.35) = 9.23%Hence, the investor in the 35% marginal tax bracket would be indifferent to buying a 6% municipal bond if they find a Treasury bond paying an interest rate of 9.23%.

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page(s) 1049-1050 32.2. how does international trade help the economy? how many nations were signatories to the agreement that established the world trade organization (wto)?

Answers

Regarding the number of signatories to the agreement that established the World Trade Organization (WTO), there are 164 member nations that are signatories to the WTO

International trade helps the economy in several ways:

Economic growth: International trade allows countries to expand their markets beyond their domestic boundaries, leading to increased production, output, and economic growth. By accessing larger consumer bases, countries can benefit from economies of scale, improved productivity, and specialization in the production of goods and services.

Increased employment: International trade can create job opportunities by stimulating demand for goods and services, leading to the growth of industries and sectors involved in export-oriented activities. It enables countries to capitalize on their comparative advantages and engage in trade specialization, which can lead to the creation of employment opportunities.

Access to resources and inputs: International trade allows countries to access resources, raw materials, and inputs that may not be available or cost-effective domestically. This enables countries to enhance their production capabilities and efficiency by utilizing inputs from other countries that are abundant or of higher quality.

Consumer benefits: International trade provides consumers with access to a wider variety of goods and services at competitive prices. It promotes competition, which can drive innovation, improve product quality, and offer consumers more choices and affordable options.

Regarding the number of signatories to the agreement that established the World Trade Organization (WTO), there are 164 member nations that are signatories to the WTO. It's worth noting that the number of member nations may change over time as new countries join or existing members withdraw. For the most up-to-date information, it is recommended to refer to official sources or the WTO's website.

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Alfred has plotted revenue and cost graphs for his pastry business. He’s testing a number of cost assumptions against his business’s revenue.

Answers

Cost decreases and revenue increases to about $6 per pastry. Cost and revenue both decrease after about $6.

What is Cost and Revenue in economics?

In business economics, the two key concepts are cost and income. Every firm strives to reduce expenses and increase revenue in order to generate the most profit.

Cost is the amount of money that each business has invested to produce a certain good or service.

The cost of a product is the monetary value assigned to the raw materials, labour, and other resources utilised to produce it in any firm.

Money serves as the production system's input in this instance so that the desired good or service can be obtained. Estimating costs during business planning for a firm, project, or product is crucial for ensuring profitability.

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What do you call a website or e-mail address that is created to look like it comes
from a legitimate source? Choose the answer.
pharming
spoofing
spyware
none of the above

Answers

Answer:

this would be called spoofing.

Spoofing is called as  a website or e-mail address that is created to look like it comes from a legitimate source.

What is legitimate source?

Legitimate source is defined as according to the law, something that is legal is acceptable.

It can also be defined as the electoral register is a genuine source of information that is currently available to the public.

A reputable source is defined as the one that has been written by an expert in their field and is free of errors and bias.

A trustworthy source is defined as the one that offers a detailed, well-reasoned idea, argument, or discussion based on solid evidence.

Thus, spoofing is called as  a website or e-mail address that is created to look like it comes from a legitimate source.

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Internal recruitment may be practiced in companies today. TRUE OR FALSE​

Answers

True!.................

The primary focus of financial statement audits is the discovery of fraud. True or False True False An error is considered material if it would trigger an IRS audit. True or False True False

Answers

False: Finding fraud is the main goal of financial statement audits.

A mistake is deemed substantial if it would result in an IRS audit. True.

What is one of the main goals of auditing?

Finding the accuracy of the financial situation and profit and loss statements is the auditing's primary goal. Making sure that the accounts give a true and fair picture of the business and its transactions is the goal.

What constitutes an audit's essential components?

The fundamental tenets of auditing include secrecy, objectivity, independence, skills and competence, work done by others, documentation, planning, audit evidence, accounting system, internal control, and audit reporting.

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Using technology, determine the present value given that you make semi-annual payments of $2,527 at 6.1% compouded semi-annually over a 6 year period. round your answer to the nearest cent. a. $25,078.86 b. $25,146.48 c. $20,963.57 d. $21,070.31

Answers

The present value would be $21070.31.  Semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period, means, payment is made semi annually that is two times in a year.

How to calculate?

Given that,

semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period.

It means, payment is made semi annually  that is two times (twice) in a year.

Payment made =  $2527.

Interest rate =6.1%

Hence, compounded semi annually  = 0.061

Time duration = 6 years = 6 × 2 = 12 (two times)

Using Formula: P = A * i / 1 - (1 + i)-t

Therefore,

Where,

A = amount to pay

P = payment made

t = time duration

i =  interest rate

By placing given values in the formula, we obtain,

A=21070.306476

Hence, the present value is $21070.31

How many semi-annual payments?

Employers who choose this schedule can choose to pay the employee either on the 1st and 15th of the month, or on the 16th and the last day of the month. A half-month salary has 24 payment periods and is most commonly used by office workers.

What date is semi annual?

Semi-annual dates mean June 30th and December 31st of each year.

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Answer:D

Explanation:

edge

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Uninsured people are less likely to receive medical care and more likely to have poor health status. The cost of poor health among uninsured people was almost $125 billion in 2004 (Hadley & Holahan, 2004).The financial burden of uninsurance is also high for uninsured individuals; almost 50% of personal bankruptcy filings are due to medical expenses (Jacoby, et al., 2000). Uninsured individuals report more problems getting care, are diagnosed at later disease stages, and get less therapeutic care.Think about the text you just read and how the argument is structured. How does this argument effectively support its claim? A group of 100 people touring Europe including 36 people who speak French, 55 who speak Italian and 22 who speak neither language. How many people in the group speak both French and Italian You want to determine the control lines for a "p" chart for quality control purposes. If the desired confidence level is 97 percent, which of the following value for "z" would you use in computing the UCL and LCL?A. 2b.3c. 2.58D. .99E. none of these In a constant cost industry, __________ in demand will cause ______________ in the cost of production for the firms.a) an increase; an increaseb) an increase; a decreasec) an increase; no changed) a decrease; no change Andrea Marshall is paid $10 per hour for a 40-hour work week, and time-and-a- half for hours over 40 per week. She worked the following hours last week: Monday 9 hours, Tuesday 7 hours, Wednesday hours, Thursday 6 hours, Friday 9 hours, Saturday 3 hours. What were her gross wages? Can someone please answer this ASAP THANKS Which of the following are examples of inductive reasoning? (Hint: in addition to the lectures, one of the readings for week 1 of the course discusses how inductive reasoning differs from other kinds of reasoning, like deductive reasoning or inference to the best explanation). Ryan earns $5 for each small dog he walks and $8 for each large dog he walks. Today he walked 8 dogs and made a total of $49. How many small dogs did Ryan walk?Ryan walkedsmall dogs. Listed below are selected transactions of Schultz Department Store for the current year ending December 31.1. On December 5, the store received a deposit from the Selig Players to be returned after certain furniture to be used in stage production was returned on January 15. $ 5002. During December, cash sales were received, which include the 5% sales tax that must be remitted to the state by the fifteenth day of the following month. $ 798,0003. On December 10, the store purchased for cash three delivery trucks. The trucks were purchased in a state that applies a 5% sales tax. $ 120,0004. The store sold 25 gift cards for $100 per card. At year-end, 20 of the giftcards are redeemed. Schultz expects three of the cards to expire unused.Number of gift cards sold 25Value of each gift card $ 100Number of cards unredeemed at year-end 20Number of cards expected to expire unused 3InstructionsPrepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting entries relative to the transactions that would be required to present fair financial statements at December 31. Date each entry. For simplicity, assume that adjusting entries are recorded only once a year on December 31.NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells. Debit Credit1. Dec.52. Dec. 1 - 313. Dec. 104. Dec. 31Dec. 31