What is the most expensive lure? The 1853 copper Giant Haskell Minnow is likely the most expensive production lure ever sold. When bidding ended in 2003 at a whopping $101,200, this lure became the highest-priced fishing-related collectible sold at auction.
Is Avatar the most expensive movie ever? Avatar (the USA, 2009), with a production budget of $425 million (£261.3 million), is the most expensive movie ever made, according to The-Numbers. Director James Cameron (Canada) used the revolutionary “Reality Camera System” in the sci-fi epic.
Is commission paid an expense? Commissions paid out by a company are an expense. A company may pay a commission to a salesperson who generates revenue for the company by selling its products or services or obtaining clients for it.
Where do you put commission expenses? Sales commissions are a key component of a company’s selling expense, and so are normally reported within the operating expenses portion of the income statement. Usually, they are listed within the selling, general, and administrative expenses section of the income statement.
What is the most expensive lure? – Related Questions
What are tax deductible expenses for a corporation?
A corporation can deduct employee salaries, health benefits, tuition reimbursement, and bonuses. In addition, a corporation can reduce its taxable income by deducting insurance premiums, travel expenses, bad debts, interest payments, sales taxes, fuel taxes, and excise taxes.
How to close depreciation expense account?
Expense accounts are temporary, so they must be closed at the end of each accounting period. To do this move the $1,000 balance from the Depreciation Expense account into the Income Summary account. From there it will be moved into the Retained Earnings account.
Why is steak so expensive right now?
Many of the factors that led to beef’s dramatic price increase can be traced back to 2020, when Covid shut down production plants and hobbled the nation’s meat production capabilities. The slowdown left farmers with nowhere to send their beef, which resulted in them having to cull cattle and other livestock.
Who is the most expensive wedding dress designer?
The world’s most expensive dress is ‘Nightingale of Kuala Lumpur,’ by a Malaysian designer Abdul Faisaly, The red-chiffon dress is worth $30 million. The gown is covered with 751 diamonds and Swarovski crystals weighing over 1,100 carats and includes a 70-carat teardrop diamond.
Is greece expensive to live?
Greece is super-affordable, especially when compared to North America and much of the rest of Europe. Prices for daily essentials (food, transport, etc.) are at least 20% cheaper than in the U.S., and costs to rent an apartment can be as much as 70% less.
Who owns the most expensive house?
Who owns the most expensive house in the US? The most expensive home in the US is The One, in California. It’s valued at $500 million and is owned by Nile Niami.
Can i deduct lyft ride expenses on taxes?
You can deduct common driving expenses, including fees and tolls that Uber and Lyft take out of your pay. Your biggest tax deductions will be costs related to your car. You may also want to deduct other expenses like snacks for passengers, USB chargers/cables, or separate cell phones for driving.
Is seattle an expensive place to live?
Housing isn’t the only thing making Seattle an expensive city to live in. Transportation costs also make the city expensive. Typically, those who live in Seattle end up paying a few more cents at the gallon than in other states. … Essentially, it costs more money to get around in Seattle.
Is bentley expensive?
Founded in 1919, Bentley is a purveyor of hand-built ultra-luxury cars and SUVs. … Least Expensive: The Bentayga is the least expensive way to get into a Bentley at roughly $165,000 for the hybrid model.
What are the most expensive colognes offered by scentbird?
The most expensive fragrance brand in the world has landed at the Scentbird storefront, and we promise, this floral explosion is one you won’t be able to resist.
Why has health insurance become so expensive?
Americans spend a huge amount on healthcare every year, and the cost keeps rising. In part, this increase is due to government policy and the inception of national programs like Medicare and Medicaid. There are also short-term factors, such as the 2020 financial crisis, that push up the cost of health insurance.
Who is the most expensive artist in the world?
1. Jeff Koons. Unsurprisingly, the most expensive American artist and the first on this list is the King of Kitsch, Jeff Koons. Especially since the sale at Christie’s (New York) of his work “Rabbit” for the modest sum of 91,075 million dollars.
How can an llc deduct vehicle expenses?
When the car is used exclusively for business, you can write off all expenses such as gas, oil, new tires, repair charges, parking fees and tolls, insurance premiums, lease payments or part of the purchase price through depreciation.
What are claimable business expenses?
All of the basic expenses necessary to run a business are generally tax-deductible, including office rent, salaries, equipment and supplies, telephone and utility costs, legal and accounting services, professional dues, and subscriptions to business publications.
Why is firewood so expensive?
When oil prices started to bubble up, more people in the forest states saw wood as a desirable, locally sourced, cleaner and cheaper alternative. But even as heating oil prices tanked this year, wood got more expensive. … “In a year where oil spikes, we just can’t crank the firewood out fast enough.
How expensive is rare tanzanite?
Tanzanite is one of the rarest gemstones on earth and one of the most undervalued relative to its rarity. Given its scarcity, it would be reasonable to assume that it would sell at a high premium. Yet, with the price per carat ranging between US$300 and US$600, it sells for far less than diamonds.
How expensive is it to move to vancouver?
The average salary in Vancouver is about 75,000 CAD (56,000 USD) per year. To put it in perspective, the monthly cost of living in Vancouver for a single person is estimated at around 1,180 CAD (885 USD), while the average for a family of four comes to about 4,350 CAD (3,250 USD).
How much medical expenses can you claim on 2017 taxes?
President Trump’s Tax Cuts and Jobs Act allowed taxpayers in 2017 and 2018 to deduct the total amount of medical expenses that exceed 7.5% of their adjusted gross income (AGI). This threshold was originally scheduled to go up to 10% of AGI in 2019, but the 7.5% of AGI has been extended to tax year 2021.
How expensive is disease?
Cost of illness analysis is a way of measuring medical and other costs resulting from a specific disease or condition. For example, heart disease in the United States costs more than $321 billion each year—$193 billion in direct medical costs and $128 billion in lost productivity from early death.
How expense write off?
A write-off is a business expense that is deducted for tax purposes. Expenses are anything purchased in the course of running a business for profit. The cost of these items is deducted from revenue in order to decrease the total taxable revenue.
Can an employee deduct unreimbursed employee expenses in 2018?
For returns filed before tax year 2018, employees can deduct any unreimbursed expenses that exceed 2% of their adjusted gross income. These deductions belong on Schedule A as miscellaneous itemized deductions. The Tax Cuts and Jobs Act disallows this deduction for tax years 2018-2025.