On December 1, 2018, your company borrowed $52,500, a portion of which is to be repaid each year on November 30. Specifically, your company will make the following principal payments: 2019, $7,000; 2020, $10,500; 2021, $14,000; and 2022, $21,000. Show how this loan will be reported in the December 31, 2019 and 2018 balance sheets, assuming principal payments will be made when required.

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.