Answer:
a. The property is sold on credit.
<em>The amount realized is the cash received at the date of sale and the cash that will be received in future when the credit is settled. </em>
b. A mortgage on the property is assumed by the buyer.
<em><u>The amount realized increases</u></em><em> because the seller will see their debt reduced and still receive cash from the buyer for the purchase of the property. </em>
c. A mortgage on the property is assumed by the seller.
<em><u>The amount realized decreases</u></em><em> because the realized amount will have to be net of the mortgage that the seller now has to pay. </em>
d. The buyer acquires the property subject to a mortgage of the seller.
<em><u>Amount realized increases </u></em><em>as the buyer will become the one making mortgage payments instead of the seller which effectively means that the seller gets the realized value net of debt. </em>
e. Stock that has a basis to the purchaser of $6,000 and a fair market value of $10,000 is received by the seller as part of the consideration.
<em><u>Realized value increases to $10,000</u></em><em> because that is the fair value of the stock when exchange for the property. </em>
In the block style business letter, the inside address appears below the date, with one blank <u>"paragraph"</u> in between.
Block format is normally utilized for business letters.
In block format, the whole content is left adjusted and single divided. The special case to the single dispersing is a twofold space between sections (rather than indents for passages).
Full block style business letters have a formal appearance, anyway they can be utilized in casual business circumstances and also formal ones. In the event that you are searching for a solitary arrangement that will function admirably in each circumstance, this is a decent one to utilize.
Answer:
The accounts with numbers starting with 1, 2,3
Explanation:
The answer is globalization. Globalization prompts expanded rivalry. This opposition can be identified with item and administration cost and value, target advertise, innovative adjustment, fast reaction, brisk creation by organizations and so on. At the point when an organization produces with less cost and offers less expensive, it can build its piece of the overall industry.
<u>Answer:
</u>
Until the late 18th and early 19th centuries, most organizations were relatively small and were owned and operated as sole proprietorships or partnerships.
<u>Explanation:
</u>
- After the advent of industrialization, many individuals chose to shift to mass production of commodities.
- These individuals set up small businesses of their own with their own capital.
- The ones who could not afford to start a set up with what they had entered into partnerships.
- As there was no concept of corporations, the trend of shared ownership among more than two persons did not exist.
