Answer:
C) $3,090,000.
Explanation:
The married couple can give to each son or daughter $26,000 per year x 2 children x 5 years = $260,000
The married couple can give to each grandson or granddaughter $26,000 per year x 5 grandchildren x 5 years = $650,000
Their total tax free gifts = $260,000 + $650,000 = $910,000, so their estate will reduce to: $4,000,000 - $910,000 = $3,090,000
Answer:
yes its possible. You could sell dirt
I believe the correct answer from the choices listed above is the third option. <span>You only receive a copy of the evaluating healthcare professional’s written opinion if your test results were positive. </span>
Hope this answers the question. Have a nice day.
One. Keeping a single font throughout the entire document makes it easier to read and keeps things consistent and professional. If you need to emphasize different elements consider using bold, italic, and underline features of the <u>same </u>font.
Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.