Im gonna guess tax deduction
Answer:
The Jerry's partnership basis in the bookstore at the end of the year is $23,350.
Explanation:
Workings
Contributed Capital = $ 8,000
Add: Adjusted basis of cash register = $ 350
Add: Share of Profit ($60000 X 25%) = $ 15,000
Partnership basis at the end of the year = $ 23,350
<span>Weather specialists or weathermen are reporters about weather
warnings, with no formal meteorological training. Even though they have no formal trainings, they are
important especially on major incidents because they are the ones who give
forecasts or weather warnings. In so doing, they can protect people’s life and
property. </span>
Answer:
The begining cash balance = $4100
Explanation:
Given:
Cash receipts = $7900, Cash disbursements = $ 9400, Ending cash balance = $2600.
<u>To find out the cash balance at the begining of the month, the following is to be used </u>
Begining Cash balance = Ending cash balance + cash disbursements - cash receipts
Putting the given figures in this we get,
Begining Cash balance = $2600 + $9400 - $7900
= $4100
True. With competition in a market, firms have to compete to stay ahead of the others