Answer:
$13,500
Explanation:
Bartley's gross income should include only two items:
- income from rent paid directly to a bond holder
- income from rental property in a sinking fund
2019 gross income = $8,000 + $5,500 = $13,500
The net gains or losses associated to the selling or rebuying of stocks are considered capital gains or losses, and they are taxed differently than gross income.
Answer:
i hope all are safe and gappy in this time take care of youreself also health first thsn any work
Answer:
A corporation
Explanation:
A business is an agency–typically a group of individuals or a firm–allowed by the government to operate as a single body (a legal entity) and recognized as being for other functions of law.
Early constituted institutions were created by charter (i.e. through an arbitrary act issued by a sovereign or enacted by a statute or house of commons).
Corporations come in various forms but are typically separated by the statute of authority in which they are subcontracted on the grounds of two dimensions: that they are willing to issue securities or if they are founded to turn a profit.
Answer:
Shoes from the Thai and korean firm is part of imports
Imports=40+1240=1280
Domestic consumption=220
Security check is part of government spending=1500
GDP=1500+220-1280=440
Answer:
Debit Cost of Goods Sold $500
Explanation:
When inventory is purchased, debit inventory and credit cash or accounts payable. When inventory is sold, credit inventory (with the cost of inventory sold) and debit cost of goods sold(p/l).
Further more, sales is recognized by crediting sales account and debiting cash or accounts receivables.
As such, if original cost of the merchandise to X-Mart was $500, entries required would include a credit to merchandise inventory $500 and Debit Cost of Goods Sold $500.