Answer:
The answer is below
Explanation:
Given that Section 1231 assets are a term that is used to describe the real or depreciable trading property acquired for more than a year. For example, landed property, buildings, etc.
Hence, in this case, the correct answer or statement to the question are:
1. If Section 1231 assets are sold and the taxpayer has a realized loss, the loss is a fully deductible ordinary loss
2. If Section 1231 assets held long-term are sold for a realized gain, the taxpayer has a potential long term capital gain that may be taxed at favorable capital gains rates but this result often does not occur
Answer:
A.
Dr Cash 266,178
Cr Sales Revenue 243,741
Cr Unearned Warranty Revenue 22,437
b)Current Liabilities:Unearned Warranty Revenue 90,579
Long-term liabilities:Unearned Warranty Revenue 181,158
Explanation:
Teal Company
A.
Dr Cash (814*327) 266,178
Cr Sales Revenue 243,741
Cr Unearned Warranty Revenue (277*81) 22,437
b)Current Liabilities:Unearned Warranty Revenue 90,579
(327×277)
Long-term liabilities:Unearned Warranty Revenue 181,158
(90,579×2)
B. It is too risky to <span>use credit cards online, and online payment services have better security because of the increasing number of hackers that may steal money from your bank account.</span>
Answer: Expropriation
Explanation:
Expropriation means to take possession of a private property for public use.
Expropriation can be defined as the process by which government takes over private owned properties against the wishes of the owners.
Government takes over those properties with the aim of using them to benefit the public. The property owners might be compensated.
The government expropriate private properties sometimes, for infrastructural purpose such as airport, highway and railway.
Expropriated properties are usually taken against the wish of the private owners.
Answer:
The answer is letter D.
Explanation:
The difference is statistically significant, large, and important.
