The purchase of a home typically necessitates years of planning and budgeting because it is one of the largest purchases you will ever make.
A budget is an estimate of the money that will come in and go out of the business over a given period of time, and it is often created and reviewed on a regular basis. Budgets can be created for an individual, a team of individuals, a business, a government, or pretty much anything else that generates and spends money.
Budgeting is essential to controlling monthly costs, preparing for unforeseen events in life, and being able to buy expensive products without getting into debt. It doesn't have to be tedious to keep track of your income and expenses, you don't have to be an expert in math, and it doesn't mean you can't buy the items you want. Simply said, it means you'll be more aware of where your money is going and in charge of your finances.
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The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.
<h3>Financial accounting</h3>
Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.
In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.
Tax accounting is specifically intended for tax.
Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.
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Answer:
1,000 long-term capital loss
new shares basis $7,000
Explanation:
The sales realize a long term loss for 1,000 dollar
It is long term as the shares were held for a period of time over 2 years
and is a loss as these shares were bought at 10,000 while sold at 9,000
The new share basis will be of 7,000 as it is the value ofthe new purchase.
Answer:
A shift to later reproduction with benefit of higher fecundity, because of their smaller size.
Explanation:
When an organism faces high predatory risk they tend to adapt in order to survive predation. Generally the smaller an animal is the lower it's mortality.
So as the rodent has reduced predation it must have reduced its size.
The rodent will also be involved in reproductive activity that will increase it fecundity. That is a later reproduction with benefit of higher fecundity.
In a bid to survive extinction the rodent will have developed a strategy to have high reproduction of offspring and smaller size that promotes lower mortality.
Answer: (A) Equity
Explanation:
The equity is the term which refers to the concept of fairness in the economics concept as they providing the various types of economic benefits regarding the taxation and also the welfare of the economics.
The equity is basically relating to the fairness in terms of opportunity, various types of services and income and that are distributed between the various types of groups in the society.
In an organization, the equity is one of the type of investor that share all the investing shares of the company and then it distributed fairy.
Therefore, Option (A) is correct answer.
