Answer:
$125,000
Explanation:
Particulars Amount
Sales revenue $115,000
Add: Accounts receivable decrease <u>$10,000</u>
Cash Receipt from customers <u>$125,000</u>
The sales revenue adjusted to a cash basis for the year is $125,000.
Answer:
All of these are main types of inventor.
Answer:
Atmospherics
Explanation:
Atmospheric in retail space are referred to the tools used by the retailer to lure customer for visiting the store, these luring factors are very different from their rivals and keep them apart from others. These factors could be color, music, lighting, smell, design, etc which attract customers to enter the store for shopping, later customer ends up shopping as they like the atmosphere of the shop.
Answer:
$200,000 and $500,000
Explanation:
The computations are shown below:
For gain recognized:
= Fair market value of the received land - corporation basis
= $500,000 - $300,000
= $200,000
For land basis received by Red Blossom corporation:
= $500,000
It records only the fair market value of the land, not the land basis for tea Company so only $500,000 would be considered
Your data would not be considered duplicated.
