Russia developed trade relationships with other European countries and exported large amounts of grain.
The correct answer is Choice C.
Beginning Jan. 1, 2019, all taxpayers may deduct only the amount of the total unreimbursed allowable medical care expenses for the year that exceeds 10% of their adjusted gross income.
Answer: Arial. 12 and black
Explanation: It is the most professional and clear to read. It is very important to use fonts, sizes, and colors people can clearly read.
Answer: b. Income to the investor in the period of declaration
Explanation:
When an investor does not have a significant influence in a company which is usually defined as owning more than 20%, the dividends they receive will simply be calculated as income in the period it was declared.
If they had Significant influence then the Equity Method would have applied and led to more complex recording.
Answer:
Barry Company must recognize a $5,000 gain resulting fro the disposal of the patent.
Explanation:
the patent's book value = acquisition cost - accumulated amortization = $120,000 - $100,000 = $20,000
gain from disposal of patent = selling price - book value = $25,000 - $20,000 = $5,000
Since patents are intangible assets, they are amortized, not depreciated. But accumulated amortization works in the same way as accumulated depreciation, they both reduce the asset's carrying value.