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NYC sales tax refers to the aggregate tax rate paid on majority of goods and services sold in New York City. It encompasses the taxes on...

A person or an organization that is required to pay taxes to a government is referred to as a taxpayer. Taxes may be in terms of income...

To find your hourly wage based on your salary, take your annual salary divided by the number of (weeks in a year) in a number (usually...

Service account is a special account of such nature that is used by an application or service to accessed other systems and execute...

The wage payable is the sum that a company owes the employees as a result of performing a service but the payment has not been made. It...

Yes, accounts receivable is an asset. It is money that belongs to a company as a result of goods or services that it has provided to its...

A tariff is a duty levied by a government on exported or imported commodities. Its purpose is to shield the local industries against...

The highest authority of law in the United States is the Constitution. It defines the structure of the federal government, defines the...

Equity is a right to a company or an asset, and is computed as the difference between the assets and liabilities. The shareholders in...

Ledgers are documents, which systematically record financial transactions. They give comprehensive descriptions of debt and credit of an...

The value of an asset or an asset category that is left after deduction of depreciation is known as its Undepreciated Capital Cost...

Manufacturing experience can be illustrated as practice and ability that is acquired during the practice in production set-ups. It...

Business standards are official guidelines or standards that facilitate uniformity, excellence, security and effectiveness in products...

A business proposal refers to a formal document describing the intention of a company to involve a client by supplying him/her with...

Homeowners who make use of their property as their main residence are not often deductible of HOA fees. Nevertheless, where a part of...