Summary of our basic rights gone over in the Constitution
Answer:
Sr. No Particulars Debit Credit
Land $ 65000
Profit & Loss Account $ 25,000
Corporation Stock $ 80,000
Cash $ 10,000
Explanation:
Recording of purchase of land for stock of $ 80,000 and cash $ 10,000 . As the value of land is $ 65,000 the loss is debited to the profit and loss account. the stock is recorded at the fair market value on the date.
Money, while it cannot buy happiness, is an important means to achieving higher living standards. In Portugal, the average household net-adjusted disposable income per capita is USD 20 519 a year, lower than the OECD average of USD 30 563 a year.
<span>There has been so many explanations for the great depression which began in the United States and swept across other industrialised countries; but a major fall in stock price seems to be the one single explanation that has stood the test of time. In the 1920s the U.S. stock market experienced a rapid expansion, reaching its zenith in August 1929. Stock prices began to decline in September and early October, but the fall began Oct. 18. Panic set in, and on October 24, a record 12,894,650 shares were traded. Investment companies and leading bankers attempted to stabilize the market by purchasing great blocks of stock; they were trying to mitigate the steep decline. However, on Monday, the storm broke loose, and the market went into a free fall. The great depression was the longest, deepest, and most widespread depression of the 20th century.</span>
