Green company, an accrual basis taxpayer, provides business-consulting services. clients generally pay a retainer at the beginning of a 12-month period. this entitles the client to no more than 40 hours of services. once the client has received 40 hours of services, green charges $500 per hour. green company allocates the retainer to income based on the number of hours worked on the contract. at the end of the tax year for contracts entered into for the current year, the company had $50,000 of unearned revenues from these contracts. the company also had $10,000 in unearned rent income received this year from excess office space leased to other companies. based on this, green must include in gross income for the subsequent tax year:

answer; /// i believe that the correct answer is (covenant;

answerangel investor;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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