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oksano4ka [1.4K]
3 years ago
13

Edie would like to better understand a new code section enacted four weeks ago. Which of the following authorities will help Edi

e understand the newly enacted code section?
A. IRS regulations.
B. U.S. Tax Court cases.
C. Committee reports.
D. IRS revenue rulings.
E. None of these.
Business
1 answer:
Talja [164]3 years ago
3 0

Answer:

Committee reports

Explanation:

Committee reports

Committee report will help Edie in order to understand the newly enacted code section .

Since ,

A committee report is the report which is submitted by the committee to an assembly on the matters related to the business , which is referred to committee or may be on other matters .  

Hence , the correct answer is C. Committee reports .

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Prepare the issuer’s journal entry for each of the following separate transactions.a. On March 1, Atlantic Co. issues 51,000 sha
Shalnov [3]

Answer:

March 1

Account                                             Debit               Credit

Cash                                                 $323,000

Common Stock                                                         $153,000

Paid-In Capital in Excess

of Par Value                                                              $170,000

April 1

Account                                              Debit                Credit

Cash                                                 $87,000

Common Stock-no par value                                    $87,000

April 6

Account                                             Debit                 Credit

Inventory                                          $56,000

Common Stock                                                           $56,000

Machinery                                        $170,000

Paid-In Capital in Excess of

Common Stock                                                           $170,000

Note Payable                                                              $92,000

Cash                                                 $92,000

4 0
3 years ago
When the economy is producing the level of output equal to natural Real GDP, the unemployment rate is equal to :A. zero. B. the
VLD [36.1K]

Answer:

B. the natural unemployment rate.

Explanation:

When the level of output is equal to natural real GDP, it indicates that the country has reach a very optimal level of production has efficiently utilize all resources that it has in its disposal. These 'Resources' include both human , capital, and natural resources.

Natural employment rate is the amount of employment rate that occurs after a country has fully utilize its resources.  Like mentioned above,  This situation will arise when the level of  of output equal to natural Real GDP

Since there is little to no human resources left unused which make natural unemployment rate basically equal to the total employment rate that exist in that country.

7 0
3 years ago
A $298 petty cash fund has cash of $32 and receipts of $247. The journal entry to replenish the account would include credit to
Nikolay [14]

The journal entry to replenish the petty cash account is credit to Cash for $266.

<h3>How would petty cash be replenished?</h3>

The amount that needs to be replenished is:

= Petty cash fund - cash

= 298 - 32

= $266

This amount needs to be taken from the cash account which is why the cash account will be credited with $266.

Find out more on the petty cash fund at brainly.com/question/27585546

#SPJ1

7 0
2 years ago
An economy where the government sets prices, determines what and how many items will be produced, and assigns
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The answer would be A, command economy
5 0
3 years ago
What is one course of action available in every problem solving process
Sonja [21]
Choose to do nothing about the problem is always a course of action.
4 0
3 years ago
Read 2 more answers
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