Prepare a 2021 T1 Return given the following information:
Complete the T1 Income Tax Return and any relevant Schedules.
Name: Ms. Cynthia Upton
Age: 48 Years Old
Address: 456 Green Avenue, Moose Jaw
Province: Saskatchewan
SIN: 211-222-322
Marital Status: Divorced
Gross Salary from Employment $132,000
Union Dues Paid by Taxpayer $759
RPP Contributions by Taxpayer $594
RPP Contributions by Employer $765
EI Withheld from Employment Cheque $889.54
CPP Withheld from Employment Cheque $3,166.45
Income Tax Withheld from Employment Cheque $33,000
T5 - Bank Interest Income Received $1,463
Withdraws from RRSP Account (T4RSP Slip)* $6,154
Additional Information:
Daughter: Name: Sarah Upton
Age: 19 Years Old
Mentally or Physically Infirm? Yes
(Note: The disability is permanent and a T2201 is on file)
Sources of Income: $2,600 Interest Income
Attended Post Secondary Institution.
2 Full Time Months
2 Part Time Months
$7,890 Tuition Paid in Year
Additional Information (continued):
Son: Samuel Upton
* During the year, the taxpayer had cash flow issues and decided to cash in a portion of their
RRSP in a lump sum
Age of Son: 15
Mentally or Physically Infirm? No
Enrolled in Sports? Yes $398 Paid for Fees
Sources of Income: $0 None
Cynthia's Mother: Name: Isabel Wright Lives_with_Cynthia
(Note: Mother is in good health and assists with the looking after the children)
Age of Mother-in-Law 65
Sources of Income: $7,040 Registered Pension Plan Income
$2,243 CPP Payments Received
Medical Expenses: The following expenses were incurred for the 2021 tax year:
Cynthia $1,123 Dental Visit
Cynthia $560 Prescription Drugs
Cynthia $487 Botox Injections
Samuel $373 Doctor Visit
Donations: Federal_Political_Party $862 $ Donated**
REQUIRED:
Prepare a 2021 T1 Return for Cynthia Upton given the above information.
Complete the T1 Income Tax Return and any relevant Schedules.
For simplicity assume Provincial Tax Payable is: $9,804
When preparing the return, assume that any tax credits that may be transferred
to Ms. Cynthia Upton are.

Answer:

true

Explanation:

because thats what you should do

Answer:

a profession or occupation chosen by one's life work.

Having or following a career as specific career diplomat.

Explanation:

Hope this helps.. ;)

FYI I did research and I didn't copied and pasted..

Answer: an occupation undertaken for a significant period of a person's life and with opportunities for progress.

Like a police officer, fire fighter, cashier, fast food worker, teacher, principle, Etc....

Hope this helps... Stay safe and have a great Thanksgiving!!! :D

Answer:

A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.

Answer:

check receipt, know the return policy, read the fine print

Explanation:

Welcome

Answer:

Leonardo da Vinci, Raphael, and Michelangelo are considered the artists who reached the greatest achievements in art during the Renaissance. The Renaissance stressed harmony and beauty and no one could create more beautiful works than the great three artists listed above.

Answer:

One issue a business can encounter if its keeps an asset beyond its useful life is the eventual impairment of the business production as a result of the use of a defective equipment or asset, that is, not suitable for economic production because it has already fulfilled its utility cycle.

Thus, for example, if a company continues to use old or obsolete machinery, it runs the risk that said machinery will cause damage or a decrease in the quality of the products.

The set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.

Therefore, the set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.

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Answer: See Image Below

The adjusting entries for Skysong, Inc. for March is prepared from the given   selected accounts before adjusting entries have been prepared.

Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.

The adjusting entries are as follows:-

No.   Date           Account Tiles and Explanation       Debit        Credit

1.      March 31        Depreciation expense                      756

                       Accumulated Depreciation expense                        756

2.     March 31    Unearned Rent revenue                        5580

                            Rent revenue                                                        5580

3.     March 31      Interest Expense                                360

                            Interest payable                                                   360

4.    March 31        Supplies Expense                            1935

                               Supplies                                                             1935

5.    March 31       Insurance Expense                             1080

                            Prepaid Insurance                                                    1080

Therefore, the adjusting entries are prepared on March 31.

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Answer:

Describe through the use of T accounts the birth & growth of the Wahoo Bank is explained below in detailed explanation.

Explanation:

Equipoise T-accounts is one of the more complex and mind gobbling something for many accounting scholars. In this lesson, we're going to discover specifically how to balance a T-account. Surely, by the time you've completed this exercise, this action will be more relaxed for you than ever since. The last portion of the T-account that we require to meet is its amount. An account’s amount is the value of that object at a precise point in time.

In a T-account, we determine the balance of the matter at the origin of the term (month or year) and the conclusion of the period.

American Airlines calculates that the cost per unit of an additional passenger is $75 and charges $250 for a discounted seat.

"On the whole, buyers or sellers "describes a market's order imbalance at a certain moment. The expression also applies to traders who activity over time tends mostly towards buying or selling than toward striking a middle ground between the two.

A bestseller is simply a book or other piece of writing that has achieved outstanding sales results. Bestseller lists are published by magazines, periodicals, major book stores, and newspapers. Some listings are divided into categories and areas of skill (novel, nonfiction book, cookbook, etc.).

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A niche market is a small, specific market.

The online chat between James and Ann on Match.com is known as an interaction.

The answer is False. Members of a social network are known as nodes and are connected by their ties.

A niche market is a small, specific market. It refers to a specialized segment of a larger market that caters to a distinct group of customers with unique needs, preferences, or characteristics. Niche markets typically have a narrower focus compared to broad markets and target a specific audience with specialized products or services.

The online chat between James and Ann on Match.com is known as an interaction. It represents a real-time conversation or exchange of messages between two individuals through the chat feature on the dating platform. This interaction allows James and Ann to communicate, get to know each other better, and potentially explore a romantic relationship.

Members of a social network are not known as nodes connected by their ties. This statement is false. In social network terminology, members of a social network are referred to as users or individuals. Nodes, on the other hand, represent the individual entities within the network, such as users, organizations, or any other unit of analysis.

The ties in a social network refer to the connections or relationships between the nodes, which can include friendships, professional connections, or other types of social interactions. So, while the concept of nodes and ties is relevant in social network analysis, members of a social network are not specifically referred to as nodes.

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Answer:

quizlet answers

Explanation:

here

A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.

A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.

The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.

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"Basic" alumina would provide for the better separation of acids.

Water and foam are appropriate for extinguishing fires involving fluorene or 9-fluorenone.

Fluorene is not classified as a carcinogen but is considered a possible mutagen. There is no evidence suggesting that 9-fluorenone is a mutagen.

Alumina's acidity or basicity is crucial in determining its adsorption properties, and basic alumina is more effective in separating acidic compounds.

Water and foam are appropriate for extinguishing fires involving fluorene or 9-fluorenone, while carbon dioxide and chemical powder should be avoided. Fluorene is classified as a possible mutagen but not a carcinogen, while there is no evidence suggesting that 9-fluorenone is a mutagen.

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A major consideration for a company when selecting a supplier is supplier location.

The location of a supplier can have significant implications for a company's supply chain and logistics. Proximity to the company's operations can affect transportation costs, lead times, and overall supply chain efficiency. Additionally, a local supplier may provide better support and responsiveness, reducing the risk of disruptions and ensuring timely delivery of goods and services.While online presence and e-commerce capabilities are becoming increasingly important in today's digital age, they are not the only determining factor when selecting a supplier. Company profitability is typically not a primary consideration in supplier selection, as it focuses more on the supplier's ability to meet quality, price, and delivery requirements. Inventory valuation is also not a primary consideration when selecting a supplier, as it is more related to the company's own inventory management practices.Ultimately, supplier location plays a crucial role in ensuring a smooth and efficient supply chain, making it a major consideration for companies when selecting suppliers.

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Discrimination in employment occurs when individuals are treated unfairly or subjected to adverse employment decisions based on factors that are unrelated to their job-related performance or qualifications.

Such factors can include a person's race, color, gender, national origin, religion, disability, age, or any other characteristic protected by law.

Employment decisions that are discriminatory can take various forms, including:

1. Hiring: When an employer refuses to hire an individual based on discriminatory reasons, such as their race, gender, or age, rather than evaluating their qualifications and ability to perform the job.

2. Promotion: If an employer denies an employee a promotion or advancement opportunity based on discriminatory factors, such as their gender or religion, rather than considering their performance, skills, and experience.

3. Termination: When an employee is fired or laid off due to discriminatory reasons, such as their disability or pregnancy, rather than for legitimate job-related reasons.

4. Compensation: If an employer pays employees differently based on discriminatory factors like their race or gender, providing unequal compensation for similar work and qualifications.

5. Harassment: Persistent mistreatment or harassment based on an individual's protected characteristics, creating a hostile work environment that interferes with their ability to perform their job effectively.

It's important to note that discrimination can be explicit or implicit, intentional or unintentional. Discriminatory practices are not only unethical, but they are also illegal in many jurisdictions. Anti-discrimination laws, such as the Civil Rights Act in the United States, are in place to protect individuals from employment discrimination and ensure equal opportunities for all qualified individuals in the workplace

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A "targeting" strategy is a focused approach employed by a company to concentrate its efforts on a specific segment of the marketplace for its products or services.

By identifying and understanding the unique needs, preferences, and characteristics of a particular target segment, the company tailors its offerings to effectively meet their demands. This strategy allows the company to allocate its resources efficiently, customize marketing messages, and develop products that resonate with the targeted customers.

By narrowing its focus, the company can differentiate itself from competitors, build strong customer relationships, and achieve higher levels of customer satisfaction and loyalty. Ultimately, a targeting strategy enables the company to optimize its market presence and maximize its chances of success within the selected segment.

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hell what do you want to talk about

When an operations manager engages in e-procurement, he or she has purchased raw material or component parts on the Internet. Hence option (A) is the answer.

Online ordering, requisitioning, and purchasing of goods and services is known as electronic procurement, also referred to as e-procurement or supplier exchange. This process takes place between businesses. E-procurement, in contrast to e-commerce, uses a closed system from a supplier and is only accessible to registered users.

Through the provision of an integrated suite of procure-to-pay applications for purchase requisitions, sourcing, auctions, spend analysis, billing, contract, and vendor management, it seeks to streamline and facilitate the purchase processes. The majority of people thought that obstacles to the implementation of e-procurement included a lack of political will and top-level commitment, staff ignorance and incompetence.

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The supply and demand for money form the basis of the crowding-out effect. The hypothesis holds that when the government implements measures to increase income, such as raising taxes or selling debt security, consumer and company demand for the ensuing higher interest rate loans declines.

Their drive to spend what may be less money also exists. (Their desire to receive a better interest rate on their savings might possibly be at work.) As a result, by expanding its own, the government crowds out its expenditure.

Keep in mind that the crowding out effect argument contradicts more established, widely accepted theories of economics that assert that government expenditure during times of waning economic activity actually promotes spending by individuals and companies by, in essence, putting more money in their pockets.

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In the strategic management process, the basic principle that must be defined first is the organization's mission or purpose. The mission statement serves as the foundation for all strategic planning and decision-making activities. It outlines the fundamental reason for an organization's existence, its core values, and the general direction it aims to pursue.

Defining the mission is crucial because it clarifies the organization's identity and helps stakeholders understand its purpose. It provides a sense of direction and guides the development of strategic objectives and plans. The mission statement should be concise, clear, and inspirational, capturing the essence of the organization's aspirations and serving as a rallying point for employees, customers, and other stakeholders. By establishing a well-defined mission, organizations can align their activities, resources, and strategies toward a common goal. It helps in making strategic choices, setting priorities, and allocating resources effectively. Moreover, the mission statement provides a framework for evaluating the success and relevance of the organization's strategic initiatives. Once the mission is defined, organizations can proceed with other key components of the strategic management process, such as conducting a situational analysis, setting strategic objectives, formulating strategies, implementing plans, and monitoring progress. However, without a clear and well-defined mission, these subsequent steps may lack direction and coherence, making it challenging to achieve long-term success.

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Answer:

Market Structure in economics, depicts how firms are differentiated and categorised based on types of goods they sell and how their operations are affected by external factors and elements. Market structure makes it easier to understand the characteristics of diverse markets.

Answer:

Purchasing Agent

Explanation:

Purchasing agents work in the procuring department under the purchasing manager. Their role is to procure supplies, equipment, and services for a company. Purchasing agents ensure the business operations do not stop due to lack of supplies.

Ideally, purchasing agents should be good negotiators. They have to balance cost and quality when purchasing. The objective is to buy the best quality of goods or services for the lowest price and adequate quantities.

Answer:

C. Purchasing Agent

Explanation:

They buy supplies needed for there organization or business.

The statement is False. Gross profit is net sales minus the cost of goods sold (COGS), which includes the cost of bringing merchandise.

The store as well as any additional costs associated with the production or acquisition of the goods, such as transportation or storage expenses. It is a measure of a company's profitability before taking into account any other expenses such as rent, salaries, or taxes.

The formula for calculating gross profit is: Gross Profit = Net Sales - Cost of Goods Sold. It is an important metric for businesses as it shows how efficiently they are managing their inventory and pricing their products.

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With regard to business definition, railroads may have lost business because they defined their business too narrowly.

Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.

The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.

The primary engines used in the United States of America had been bought from Stephenson Works in England.

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Answer:

What

Explanation:

Answer:

Price of stock = $74.636

Explanation:

The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.  

The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity

Present value of dividend  from year 1 to 8

The PV of the growing annuity  = A/r-g) ( 1- (1+g)/(1+r)^n   )

A- dividend payable now , r- required of return, g-growth rate, number of years

PV  = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605

PV of Dividend from year 9 and beyond:

P = D× g/(r-g)

This will be done in two steps:

Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250

Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030

Price of stock = 17.60 +  57.030= 74.63

Price of stock = $74.636

Answer:

1.  extracurricular

2. cocurricular

3. curricular

4. curricular

5. cocurricular

Explanation:

1. Daniel doing community service by cleaning up outdoor trails is an extracurricular activity because it doesn’t have nothing to do with his academics/school.

2. Debra participating in a hospital program for nursing students is cocurricular because she is practicing techniques she learned in her nursing class.

3. Rhett taking a foreign language class at his middle school is curricular because this is a class Rhett takes at school.

4. You are correct. Ernestina taking a photography class in school is curricular because this class takes place at her high school.

5. Brant joining a student organization for future teachers is cocurricular because he is studying to be a teacher.