Gardner architects is in the process of developing house plans for six custom homes. work tickets show that during the month of january 200 hours of labor were used on plans for custom home project number 3 and 100 hours of labor were used on plans for custom home project number 5. labor costs average $60 per hour and are paid with cash. the entry to record these labor costs would:

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?