Answer:
Larger than
Explanation:
The b2b market which is the business to business market is larger than the consumer market in terms of number and dollar volume of transactions. This is majorly due to the fact that business to business transactions entails wholesaling transactions, while consumer markets entails retailing transactions. Thus, in b2b, the amount of goods bought by a business is usually larger than what is being bought by an individual in the consumer markets. The transactions in b2b markets are much more bigger than the transactions in consumer markets in terms of monetary value.
Answer:
A. Dr Dec. 31. Vacation Benefits Expense $7,800
Cr Vacation Benefits Payable $7,800
B. Dr Aprl. 1 Vacation Benefits Payable $800
Cr Cash $800
Explanation:
(a) Preparation for the December 31 year-end adjusting entry for accrued vacation benefits.
Dr Dec. 31. Vacation Benefits Expense $7,800
Cr Vacation Benefits Payable $7,800
(Being To record the accrual of vacation benefit for the year)
(b) Preparation for the entry on April 1 of the next year in a situation where an employee takes a one-week vacation and is paid the amount of $800 cash for that week.
Dr Aprl. 1 Vacation Benefits Payable $800
Cr Cash $800
(Being To record the payment of vacation benefits for one week)
Answer:
Vanessa's tax basis in cook inc. $50,000
Explanation:
Given:
Cash = $20,000
Fair market value = $100,000
Adjusted basis = $40,000
Mortgage executed = $30,000
Now,
For the tax basis
cash $30,000
add; Land ( adjusted basis ) $40,000
less ; Mortgage $20,000
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Vanessa's tax basis in cook inc. $50,000
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Know that giving customers too many choices can overwhelm and lead to fewer sales the benefit of limited sharing options