Answer:
b. $100,000
Explanation:
Provided information
Beginning balance of account receivable = $25,000
Collection from customers = $100,000
Ending balance of account receivable = $15,000
Since we have to find out the gross taxable income, so we considered only the collection from customers as this is the amount which is received and therefore, it has come under the gross taxable income i.e $100,000.
Answer:
Condition subsequent.
Explanation:
This is rampant on agreement that deal with contracts as it is seen to be a situation that terminates a previously valid contract. Closely related legal concepts in cases of this kind are treated as conditions precedent and conditions concurrent. A condition subsequent in certain contracts are known to trigger the termination of the agreement of the said contract and also eliminates rights and obligations in the ends of the two parties. It is seen also in cases that when it occurs, it terminates any duty to perform and can also terminate rights and interests that were present under the terms of the contract.
Answer:
nope but thanks for asking
Explanation:
Answer:
Angel Investors
Explanation:
An angel investor is the one who provides capital to entrepreneurs so that they are able to invest in the new ideas and businesses which are in the early stage and will generate value in the near future. So angel investors are basically named angel because for the startups its reallt very difficult to finance their businesses because banks don't provide funds to startups because these startups have very fewer resources to compete in the market and as a result they fail. So the person who assists here is really an angel.
