Answer:
True
Explanation:
Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for investment or use in a trade or business.
However, Taxpayers must defer gain or loss realized on the exchange of like-kind property.
Answer:
Social companionship
Explanation:
Social companionship is a type of friendship or relationship between individuals who share similar likes and benefit from each other as they feel a sense of closeness doing things they like together. Donovan and Keith, who share some similarities and likes between each other, provide social companionship to each other as they hang out together as fans of a club.
Answer:
Check: 5,269.04
Explanation:
We will multiply each computer by the list price. Then, apply the order discount of 20%. Finally the invoice discount of 3% for payment within 10 days
7 computer x 970 dollars each = 6,790
20% Discount for quantity:
6,790 x 20% (1,358)
Invoice nominal: 5,432
discount within the first 10 days:
5,432 x 3% (162.96)
final amount: 5,269.04
~Hello There!~
They would receive a 2 point moving violation.
Hope This Helps You!
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- Hannah ❤
Answer:
a.$16,370.
Explanation:
beginning WIP cost: 11,100
cost added during the period
materials 77,100
direct labor 25,100
overhead 70% of DL = 17,570
total added 119,770
Total cost to be accounted for: 130,870
Cost assignned to
transferred out 114,500
ending WIP 16.370
Total cost assigned to 130,870
As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP
