Answer:
$5,000 realized, but not recognized loss
Explanation:
Based on the above information given we were told that two years earlier She purchased some shares for the amount of $15,000 in which in order for her to offset few of her gains she sells those 100 shares of Bear Corporation for the amount of $10,000 making her to REALIZED the amount of $5,000 ($15,000-$10,000) reason been that a loss will be realized instantly in a situation were an assets is sold out for a loss.
Therefore the tax consequences to Andrea this year will be the amount of $5,000 Realized, but not recognized loss.
Answer:
How much are total liabilities at the end of the year?$80,000
Explanation:
Beg Balance deb cre End.Balance
Total assets 120000 105000 225000
Liabilities 80000 80000
Equity 40000 40000
Earning 120000 120000
Dividens paid 15000 -15000
Total equity 40000 15000 120000 145000
0 120000 -120000 0
Answer: budgeted amounts of allocation bases because the cost allocation to one responsibility center should not influence the allocations to others
Explanation:
A cost pool is a collection of homogeneous costs thqt are to be assigned. Cost pools is an accounting term which refers to the groups of accounts serving used to express the cost of goods and service that are allocatable within a business or a manufacturing organization. The allocation base for a cost pool is a cost driver.
Cost pools should be charged to the responsibility centers by using the budgeted amounts of allocation bases. This is because the cost allocation to a responsibility center should not influence allocations to others.
Market is more for everyone working as a group and entrepreneurship is when there is one owner that works
