Answer:
The answer is 50.000 dollars
Explanation:
When a corporation completely liquidates, the corporation wil recognize a gain or loss as if the property were sold at fair market value.
Amount realizes as if sold $150,000
Less: Adjusted basis $ 100,000.
Equals: $50,000, which is the recognized capital gain.
 
        
             
        
        
        
Answer:
$5,000
Explanation:
Calculation for what the Sales Tax Payable will be:
Sales Tax Payable=5% sales tax*Account balance $100,000
Sales Tax Payable=$5,000
Therefore the Sales Tax Payable will be: $5,000
 
        
             
        
        
        
That is false, he took a lot more time trying to find India and instead found America
        
                    
             
        
        
        
Measures the value that a buyer places on a good