Answer:
The US District Court ruled that this case must be served by a court in Tennessee because:
- Allison was injured while working in Tennessee
- The place where Allison got involved with the defendant is Tennessee, so their relationship took place there.
If the lawsuit had been for a higher amount (at least $75,000), then the case could have been tried by a federal court.
Answer:
The answer is letter D.
Explanation:
The correct statement is Portfolio ABC's expected return is 10.66667%
Answer
The answer and procedures of the exercise are attached in a image below****
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: The correct answer is : D. Debit Reclassification from Temporarily Restricted Net Assets
Explanation: Private nonprofit organizations must follow all FASB standards that apply when registering transactions. The financial statements requested for all non-profit non-governmental organizations are, financial statements, statement of activities and cash flow statements.
Answer:
Explanation:
The journal entry is shown below:
Purchase A/c Dr $5.9 million
To Retained earning A/c $5.9 million
(Being the error is corrected and it credited to the retained earning account)
For correction of an error, we debited the purchase account and credited the retained earning account for $5.9 million so that the correct posting can be done.
