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Nina [5.8K]
3 years ago
15

Before the investigators can determine whether a larceny-theft crime has been committed, they must

Business
1 answer:
NikAS [45]3 years ago
4 0
Examine the scene of the crime
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Roberta transfers property with a tax basis of $460 and a fair market value of $539 to a corporation in exchange for stock with
mamaluj [8]

Answer:

$539

Explanation:

Based on the information given we were told that he transfer property which had a fair market value of the amount of $539 to a corporation in exchange for stock which means that the amount that will be realized in the exchange for the stock will be the amount of $539.

Therefore the amount realized by Roberta in the exchange will be $539

8 0
3 years ago
For each of the following transactions below, prepare the journal entry (if one is required) to record the initial transaction a
Nikitich [7]

Answer and Explanation:

the journal entries are as follows:

a Prepaid rent $213,000

               To cash  $213,000

(To record prepaid rent)  

Adjusting entry:  

Rent expense $71,000  ($213,000 ÷ 3)  

        Prepaid rent  $71,000

(To record September rent expense)  

b Cash $840,000

         To unearned sales revenue $840,000

(To record cash received on season sales)  

Adjusting entry:  

Unearned sales revenue  ($840,000 ÷ 12)  $70,000

          Sales revenue $70,000

(To record sales revenue recognised)  

c Cash $300,000

      Note payable  $300,000

(To record note payable issued on borrowed amount )  

Adjusting entry:  

Interest expense ($300,000 × 6% ÷ 12) $1,500

         Interest payable   $1,500

(To record interest payable due)  

d Prepaid advertising 3,500

          To Cash 3,500

(To record cash paid for advertising)  

Adjusting entry:  

Advertising expense ($3,500 ÷  60) × 20 $1,167

   To prepaid advertising  $1,167

e No entry  

Adjusting entry:  

Accounte receivable ($160,000 × 8%) $12,800

        Sales revenue   $12,800

(To record amout due)  

6 0
3 years ago
Why do you think constantinople's location influence its growth and financial success?
miv72 [106K]
Constantinople was located in the middle of the Mediterranean seas.
This location is definitely really strategic for Constantinople international trading because its connected the continents of Europe, Asia, and America. This makes Constantinople able to develop trading relationships with a lot of countries, which influence its growth and financial stability.
4 0
3 years ago
Non-typical business problems with causes and effects that are rapidly changing are typically handled by which type of informati
DanielleElmas [232]

Answer:

DSS.

Explanation:

3 0
3 years ago
When supply shifts left and demand shifts right, :
Nesterboy [21]

Answer: The equilibrium price always rises

Explanation:

When the supply shift towards left, the supply curve increases the price of equilibrium and there is decreases in the quantity of the equilibrium. When the demand curve shifts towards right then, the demand curve increasing the price of equilibrium as well as increased the quantity of the equilibrium. This concludes that, the equilibrium price always rises.

4 0
3 years ago
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