Answer:
Salt's basis = -$3900 from a 50% sharing basis
Explanation:
profit sharing ratio as per contributions is 50%:50%
ordinary loss - $5000
tax exempt income -$2000
Charitable contribution -$800
Taxable loss =$7800
profit(loss) share
Salt = -3900
Pepper =-3900
If a company uses $1,600 of its cash to purchase supplies, the effect on the accounting equation would be one asset increases $1,600 and another asset decreases $1,600, causing no effect.
<h3>What is an accounting equation?</h3>
The relationship between a person's or company's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone. The sum of the debits and credits for each transaction is equal.
Stockholders' equity is referred to as capital in corporations. Since every business transaction impacts at least two accounts, the accounting equation will always be "in balance," which means the left and right sides of a company's balance sheet should always be equal.
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Answer: (A) Infrastructure
Explanation:
The infrastructure is one of the component of marketing assessment as it helps in developing the various types of essential social and the internet platform for building the business.
According to the given question, Angie is basically managing the market assessment and focusing on the four major key component are as follows:
- Transportation system
- Commerce
- Distribution channel
- Communication system
Therefore, The Angie is basically evaluating the infrastructure market assessment as it helps in maintaining the services and the structure in the business firms.
Therefore, Option (A) is correct answer.
An example of a period cost in a company that makes clothing is monthly depreciation on production equipment.
<h3>What is a period cost?</h3>
Period costs are all costs that cannot be capitalised on a company's balance sheet. It is a cost that cannot be tied to the production of the goods made by the company.
Example of period costs are:
- Travel and entertainment expenses.
- Commissions.
- Depreciation expense.
When another vehicle is about to hit you from the side and there is room in front of your vehicle, you should make a turn to avoid the collision.
So the answer is A. make a turn
