3 years ago

In a market economy, what is TRUE of all trade?

Business

1 answer:

Assoli18 [71]3 years ago

3 0

The market is voluntary operated by the model mf supply and demand

You might be interested in

Which do you think is better?/Which do you prefer? FedEx or UPS?

GrogVix [38]

Answer:

I personally like UPS because most of the times I have to send documents or goods domestically and UPS is very well known for its domestics shipments and I also prefer it because of its low rates as compared to FedEx which has higher rates. I am also comfortable with UPS because of its customer services. They respond to your query very quickly and try to resolve it as soon as possible. Their first priority is always their customers.

7 0

3 years ago

Ruby Corporation, a calendar year, accrual method C corporation, has two cash method, calendar year shareholders who are unrelat

telo118 [61]

Answer:

Explanation:

Answer:

$200000 + $200000 +$50000(to COLE's bonus)

= $450000

Ruby corporation uses accrual method.

A corporation that is using accrual method, cannot claim a deduction for an accrual with respect to a related party until the recipient reports that amount as income.

Here, Cole owns more than 50% (55%) so its a related party and it will report bonus on february 1,2017

Therefore, Ruby can not deduct bonus payable to oliver in 2016

Hence total deductible in 2017 would be $450000.

5 0

3 years ago

A cash payment of $130 on account was recorded as a $310 debit to accounts payable and a $310 credit to cash. the necessary corr

dexar [7]

(310-130=180)

debit cash $180; credit Accounts Payable, $180

Hope this helped :) !

8 0

3 years ago