YOU, are always responsible! It will show a sense of leadership if you always make sure you can be understood!
Answer:
It's a magnificent combination of capitalism and socialism.
Explanation:
A mixed economic structure safeguards private property and enables for a degree of economic independence in the usages of resources and also requires governments to intervene in economic initiatives to achieve social objectives. Although the market forces make a decision on costs, demand, supply, etc., there is some government involvement to avoid monopolistic practices and institutional discrimination. There is the independence of economic operation and government involvement with social security under this scheme.
Answer:
$60,000 basis in stock, $11.43 basis per share, $0 recognized gain.
Explanation:
Calculation for the basis of the Purple stock, the per share basis, and gain recognized upon receipt of the common stock dividend
Based on the information given the $60,000 which is value of the shares will be allocated to the total shares that was owned after the stock dividend of $5,250 ($5,000 + $250 = 5,250)
Note that :(5%*5,000=$250)
Secondly the basis per share will be $11.43 calculated as ($60,000/5,250)
Lastly No gain will be recognized on the receipt of the stock dividend
Therefore the basis of the Purple stock, the per share basis, and gain recognized upon receipt of the common stock dividend are:
$60,000 basis in stock
$11.43 basis per share
$0 recognized gain.
Answer:
<h2> particular. l.f. Dr. rs. Cr. rs. </h2>
I) bank a/c. 1,00,00.
to capital a/c. 1,00,00
( being business started with bank balance)
II) purchase a/c 40,000.
to bank a/c. 40,000
(being goods purchased on credit)
III) BANK A/C 20,000.
TO GOODS A/C 20,000
(BEING GOODS SOLD ON CREDIT)
IV) FURNITURE A/C. 60,000.
TO BANK A/C. 60,000
(BEING FURNITURE PURCHASED ON CREDIT)
V) BANK A/C. 10,000.
TO FURNITURE A/C 10,000
(BEING FURNITURE SOLD ON CREDIT)
HOPE IT HELPS IM ALSO NOT COMPLETELY PERFECT AT IT