Answer:
The answer is: If Allen is a professional gambler, he can use his gambling losses to offset the income from his gambling activities.
Explanation:
We can consider the airfare and hotel expenses as income part of Allen's income (+$3,000) but since he lost more money in the casino (-$25,000), the net effect is an economic loss (-$22,000).
That economic loss isn't tax deductible unless he was a professional gambler, then he could offset his income by $22,000.
Answer: The correct answers are:
-"Statements that show a balance forward and then all activity between two specified dates".
-"Statements that show invoices created between two specified dates and their related payments
".
"Statements that show just open transactions".
This 3 types of customer statements can be generated by QuickBooks Online.
The answer would be a)<span> occurs when demand for goods and services exceeds existing supply. Reason being, when there is high demand for a product, the price goes up because there are fewer available, however, in return for the raised prices people will eventually stop buying and the product price will drop.
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Answer:All
Explanation:All would have to be the same as they are calculated by the bank with every transaction except your own register which should match if you are keeping it up to date.
