Answer and Explanation:
As we know that
The assets, expenses contains debit balance while the liabilities, revenues and stockholder equity contains credit balance
So based on this, the classifications are as follows
Particulars Type of account Normal balance Debit or credit Reason
a. Land Asset debit debit resources on the owners hand
b. Cash Asset debit debit resources on the owners hand
c. Legal Expense = expense debit debit consumption of cost
d. Accounts Receivable Asset debit debit resources on the owners hand
e. Dividends = Equity debit debit distribution made to owners
g. Notes Payable = Liability credit credit obligation made to creditors
h. Common Stock = Equity credit credit investment done by the owners
Answer:
Gary's Basis in the partnership interest is $155,000
Explanation:
Particulars Amount ($)
Adjusted Basis Of Land 250000
Mortage*Share In Percentage ($200000*50%) (100000)
Additional Borrowing*Share In Percentage ($50000*50%) (25000)
#Difference*Share In Percentage ($100000-$40000)*50% 30000
Basis 155000
Difference:
Net Income 100000
Distribution Of Each Partner*2 ($20000*2) (40000)
The opening or introduction of your presentation is the ideal time to introduce the hypothesis. The tentative solutions are important about the presentation.
<h3 /><h3>What is a hypothesis?</h3>
A hypothesis is a theory that is put up as a potential explanation for a certain circumstance or condition but has not yet been shown to be true. Scientists can design a straightforward laboratory experiment to verify this theory.
In the context of science, a hypothesis is an assertion based on current knowledge that is appropriate for describing a particular phenomenon but whose validity has not been established or has not been independently tested.
Typically, the researcher's hypothesis is referred to as the alternative hypothesis, and any other result is referred to as the null hypothesis, or, more simply put, the opposite result from what was predicted.
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Efforts by the federal reserve bank to control the money supply and interest rates are known as monetary policies.
