Answer:
a.capital gains
Explanation:
Capital gains income -
It refers to the increase in the amount of the capital asset , where the amount received from selling the asset is more than the amount at the time of purchase , is referred to as capital gains income.
This gain can be long term as well as short term , and the amount of the asset can not be estimated , until and unless the asset is sold in the market.
Hence, from the given scenario of the question,
Trevor is practicing , capital gains income.
It has a microchip built into it that you would insert into a machine instead of swiping it.
Answer:
Executive Branch: Affirmative Action, Oil Pipeline, Equal Employment
Judicial Branch: Labor Relations, Best Buy, Starbucks
Legislative Branch: Ford, Education, Retirement
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $9,000
To Allowance for doubtful debts $9,000
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= (Ending balance in the Allowance for Uncollectible Accounts) - (credit balance of Allowance for Doubtful Accounts)
= ($12,000) - ($3,000)
= $9,000