This is the amount of income subject to income tax. It is the total of all incomes, less employer-withheld deductions, other deductible expenses, and deductions. B. This is the total of all incomes, less payments for tax-exempt expenses that have been withheld by the employer. C. This is the sum total of all incomes, without anything taken out. Which one is taxable income, gross income, adjusted gross income ?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
| A. |
This is the amount of income subject to income tax. It is the total of all incomes, less employer-withheld deductions, other deductible expenses, and deductions. |
| B. |
This is the total of all incomes, less payments for tax-exempt expenses that have been withheld by the employer. |
| C. |
This is the sum total of all incomes, without anything taken out. |
|
Which one is taxable income, gross income, adjusted gross income ? |
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