The action which is prohibited by the US constitution is that no state should print money.
The US constitution
The US constitution is the supreme law of the United States of America. This is the document upon which the United states of America was founded. It originally was comprised of seven articles. It characterizes the national frame of government.
Other Actions Prohibited by the US constitution are
Below are some prohibited actions in the US constitution;
- No State shall enter into any Treaty, Alliance, or Confederation
- No state shall grant Letters of Marque and Reprisal
- No state shall print Money
- No state shall emit Bills of Credit
- No state shall make any Thing but gold and silver Coin a Tender in Payment of Debts
- No state shall pass any Bill of Attainder etc.
According to the question, the correct option is that no state shall print money.
Learn more about the United states constitution at brainly.com/question/453546
Answer:
Sr. No Particulars Debit Credit
Land $ 65000
Profit & Loss Account $ 25,000
Corporation Stock $ 80,000
Cash $ 10,000
Explanation:
Recording of purchase of land for stock of $ 80,000 and cash $ 10,000 . As the value of land is $ 65,000 the loss is debited to the profit and loss account. the stock is recorded at the fair market value on the date.
