Answer:
$ 4, 725
Explanation:
Each broker get 50% of (6/100 x$350,000)
i.e. =50% (0.06 x $350,000)
= $ 21,000/2
=$10,500
Broker kept 55% meaning the office got 45 %
= 45/100 x $ 10,500
= $ 4, 725
Answer:
The statement is: False.
Explanation:
The dialectic approach is a method of communication that takes place when two individuals have a different point of view over a certain matter but wish to come to an understanding of the other's position by reasoned arguments. The dialectic approach combines the social, interpretive, and critical approaches.
Answer: $438
Explanation:
Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:
= $535 - $97
= $438
Therefore, Antoine's tax basis in the stock received in the exchange is $438.
It's very likely that art will Find that industrial buyers tend to purchase more on impulse than consumer<span> buyers.
This means that industrial buyers seldom making any concrete purchase for their needs. Their purchasing strategy usually revolves sitting around until they found an opportunity that would be the most suitable to enhance their profit depending on their current problems/situation.</span>
Answer and Explanation:
The journal entry for establishing the fund as on September 1 is shown below:
On September 1
Petty cash Dr $410
To cash $410
(Being establishment of fund is recorded)
Here petty cash is debited as it increased the asset and credited the cash as it decreased the asset
Therefore the same is to be considered
