Answer:
Sr. No Particulars Debit Credit
Land $ 65000
Profit & Loss Account $ 25,000
Corporation Stock $ 80,000
Cash $ 10,000
Explanation:
Recording of purchase of land for stock of $ 80,000 and cash $ 10,000 . As the value of land is $ 65,000 the loss is debited to the profit and loss account. the stock is recorded at the fair market value on the date.
Answer:observational learning
Explanation:Observational learning is a learning that occurs when we observe others and imitate their behavior , it's a learning that occurs through our socialization process . Observational learning is affected by whether the behavior that one wants to imitate was rewarded or was punished , if it was punished an individual organism will not imitate the behavior, but they are likely to imitate the behavior that was rewarded .
answer: Tax-exempt nonprofits often make money as a result of their activities and use it to cover expenses. In fact, this income can be essential to an organization's survival. As long as a nonprofit's activities are associated with the nonprofit's purpose, any profit made from them isn't taxable as "income."
