Answer:
The answer is stated below:
Explanation:
The effects of the transactions which should be reported on the cash flow statement is shown as:
The sale and the purchase of the land are the part of the cash flow from investing activities as:
Cash paid for the purchase of land................................. ($400,000)
Cash received from the sale of land................................ $240,000
The gain on sale of the land is reported under the cash from operating activities, it is deducted from net income.
Gain on sale of land................................... ($40,000)
Note: (), this depict the minus sign.
Working notes:
Gain on sale of land = Sale value - Book value
= $240,000 - $200,000
= $40,000
Answer:
Effective Communication
Explanation:
The goal of effective communication is understanding between sender and receiver. In other words, when the message is understood as intended, effective communication happens.
Michael is taking care of the words he uses, his arguments, and the format, and these actions will help him achieve the goal of effective communication.
Answer:
c.) $10,000
Explanation:
Her 20% qualified business deduction is limited to 20% of her taxable income before the deduction.
Answer:As a person engaged in the image business, the impression you project consists of your outward apperance the conduct you exhibt in the workplace is known as
Explanation:j
For your savings account.
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