45 000 долл, это равенство владельцев.
Answer:
B. Spending by firms on capital goods is declining.
Answer:
General Journal
Accounts Titles and Explanation Debit Credit
Office supplies $295
Advertising expense $120
Transportation expense $75
<em>Cash short and over $11 </em>
Cash ($800 - $299) $501
(Being replenishment of fund recorded)
Answer:
a. Partnership XYZ's recognized gain (loss)
- recognized gain = fair market value - basis = $180,000 - $50,000 = $130,000
b. Bob's taxable gain (income)
- Bob's taxable income = $130,000 x 50% = $65,000
c. Bob's basis in the property
- Bob's new basis = $180,00 x 50% = $90,000
d. Bob's basis in the partnership
- Bob's basis in the partnership = $40,000 + $65,000 = $105,000
