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Vesnalui [34]
3 years ago
9

Gambling is something you should only do if you have discretionary income?

Business
2 answers:
fiasKO [112]3 years ago
5 0
A. True
Discretionary means money that you can use whenever you want so it has to be true because if it wasn't discretionary and you can't use it whenever you want then you'll be in debt because you have no way of paying if you lost

vichka [17]3 years ago
3 0
A. Its true NOT B but its not false.
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Answer: $35,000

Explanation:

A casualty loss is simply a loss that an individual or business incurs when a property is damaged, or destroyed due to an unexpected or sudden event like fire, volcanic eruption, flood etc.

Here, Steve's casualty loss will be gotten when we compare both his adjusted basis and the fair market value and then we choose the lesser one. Since $35000 is lesser than $50000, therefore the answer will be $35000.

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Answer:

it would increase

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The proactive prevention technique enhancements occur when the marketing or public relations department suggests that something relatively small is a bigger deal.

The American Public Relations Association defines public relations as "a strategic communication process that builds mutually beneficial relationships between an organization and its public." Basically, a PR specialist manages the public image and reputation of the organization.

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7 0
1 year ago
Which of the following is a disadvantage to choosing a sole proprietorship business structure?
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Which of the following is a disadvantage to choosing a sole proprietorship business structure? The owner has personal responsibility for the company's liabilities.

A sole proprietorship is the simplest business form that can be operated. A sole proprietorship is owned by one individual and they are responsible for all of the debts the company has. The business is ran by one person and there is no distinction between the person and the business, both fall under the same number (social security number) when filing taxes.

4 0
3 years ago
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When preparing a journal entry for a transaction that affects retained earnings, the "Retained Earnings" account should not be d
yarga [219]

Answer:

True

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Retained earnings are the net earnings of an entity accumulated over time after payment of dividend. It is that part of earnings that is retain for expansion by the entity.

Generally, retained earnings are not changed by direct posting except it is prior year adjustment. in some entities, the amount that is transferred to retained earnings is system generated. Most transactions that affect retained earnings are debited or credited to account which ultimately affects retained earnings

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