The total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1 is B) $9,000
Nelson Company Adjusted trial balance at December 31, Year 1
Debit side
Cash $3,600
($3,800+$1,700-$1,900)
Account Receiveble $1,600
($3,300-$1,700)
Supplies $500
Land $1,900
Salaries expenses $1,400
Total debit balance $9,000
Credit side
Account payable $500
Salaries payable $1,400
Common stock $3,800
Service revenue $3,300
Total Credit balance $9,000
Inconclusion The total of the debit account balances that will be reported on the company's adjusted trial balance at December 31, Year 1 is B) $9,000
Learn more here:
brainly.com/question/15104337
Full page slide is your answer :)
Answer:
<em>The answer is $700,000</em>
Explanation:
<em>From the example given, we find the tax basis will each take in their respective BSJ stock</em>
<em>Contributions done partner wise (All values in $)</em>
<em>Partner Contribution Tax Share in Stock % of Tax Base Tax base in stock</em>
<em>Name Base</em>
<em>Brad 450000 100000 45% 17% 120689.7</em>
<em>Scott 100000 350000 45% 60% 422413.8</em>
<em>Jake 150000 130000 10% 22% 156896.6</em>
<em> 700000 580000 100% 700000</em>
<em>Therefore, The Total Assets contributed will be equivalent to stock of BSJ issued = $ 700,000</em>
Answer:
b. Yes, because she will build social media skills.
Explanation:
In this scenario Nancy's long term goal is to manage a social media department of a large company. She now hot an internship as a social media assistant in a small company.
The internship that she is undertaking bin the short run is relevant to the her long term career goal of managing a social media department in a large firm.
So this is a stepping stone in achieving her long term goal.
In the future when a social media opening comes up she will have the relevant experience to perform in this role.