Well here's what I can tell you,
The day the contributed property was purchased.
The day the partnership interest was acquired.
Either one of these are true which also means they are both true.
Answer:
D- income statement accounts are temporary accounts and do not retain their balances from one period to the next.
Explanation:
quizlet
Answer:
A transaction that involves the investment of cash in a business is debited because
1) For a business to invest cash for their expansion, involves the reduction of finances in the available revenue or profit for the purchase of equipment, property and software for internal use, for which money has to be drawn, which is a form of b=debit
2) For an owner investing money into his business, is taken as an increase in the amount the business owes the owner, which is equivalent to amount owed the owner which has to be recorded as a debit for financial accounting
Explanation:
Answer:
D) the closing prices of bonds in the index.
Explanation:
The Dow Jones Corporate Bond Index is collection of 96 corporate bonds that are equally weighted. It measures the returns on corporate shares and pricing is done daily.
Investors study this index to get insights from trends noticed. These insights are used to make informed decisions on the best investment to make.
The Dow Jones Corporate Bond index displays daily closing balances of the 96 corporate bonds that make up the index. These closing balances are then compared to historical data.
