Answer: customer's beginning tax basis = $10,000
Explanation:
Customer's beginning tax basis are the initial cost of the partnership for commission legal and organizational fees and these are not deductible from the cost basis.
Given: A customer subscribes to a $10,000 limited partnership interest.
That means initial cost = $10,000
So, the customer's beginning tax basis = $10,000
the answer is C. fatigue and stress
The productivity of our mind and body go hand in hand. If one of them doens't function well, it will affect the other.
If our body and our mind is under a lot of pressure, we simply can't make the best decisions
Answer:
The correct answer is WIP Inventory-Molding.
Explanation:
Modern companies in search of competitiveness are obliged to control their costs permanently and maintain, improve and increase their value generating factors, thereby increasing the attractiveness to their customers and profitability. The control of work in process (WIP) is an activity that, together with others, positively contributes to the achievement of this ideal.
Work in process is a fundamental part of the inventory, which consists of the units that having entered and started the production process, are not yet constituted as finished products. Otherwise, the WIP is made up of those raw materials that have entered the production process but are not yet ready for sale since they are not yet finished product.
Answer:
Explanation:
Cost = 68500
Date = January 1, 2017
December 31, 2019
Cost = 68500
Acc. Depreiciation = -34,250 (68500/6)*3
book Value = 34,250
Exchanged asset cost = 35000
Trade in gain = 750
Accounting Entries
Asset 35000
Accumulated depriciation 34250
Asset 68500
Gain on Exchange 750
