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Xelga [282]
3 years ago
10

The assets that you currently own are known as which of the following? A. Credit B. Capital C. Capacity D. Collateral

Business
1 answer:
iren [92.7K]3 years ago
3 0
"B. Capital A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating."
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Clancy sells shares in Darling Pool & Spa Company to Eton. Clancy does not deliver the actual possession of the shares to Et
Norma-Jean [14]

Answer: constructive delivery

Explanation: In simple words, constructive delivery refers to the actions when one individual transfers the tile to other by operation of law when the actual delivery is not possible in the situation.

Such deliveries are a concern for the jury and are usually constituted by them as one needs a third party to study in detail the facts and law relating to the transfer.

Thus, from the above we can conclude that the correct option is B .

8 0
3 years ago
n May 5, 2013, Jill purchased equipment for $40,000 to be used in her business. She did not elect to expense the equipment under
kolbaska11 [484]

Answer:

$1,784

Explanation:

Cost recovery shall be worked out=$40,000*8.92%=$3,568*1/2=$1,784

The cost recovery can only be claimed on assets having useful life more than one year in income tax return. The said deduction can be claimed through form 4562 and the same will be attached in annual income tax return proforma.

4 0
3 years ago
Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $50,000 of its accounts
skelet666 [1.2K]

Answer:

1.Oct 30 Dr Accounts receivable—P. Moore $50,000

Cr Bad debts expenses $50,000

2.Oct 30 Dr Cash $50,000

Cr Accounts receivable—P. Moore $50,000

Explanation:

Solstice Company

General Journal

1.

Oct 30

Dr Accounts receivable—P. Moore $50,000

Cr Bad debts expenses $50,000

2.Oct 30

Dr Cash $50,000

Cr Accounts receivable—P. Moore $50,000

6 0
2 years ago
Read 2 more answers
If you are interested in working for a specific company, what type of job site should you look at for opening?
lutik1710 [3]

Answer:

the correct answer is C. Company site

Explanation:

since you are interested in working for a specific company, the best way to see what sort of jobs are available and all other related information will be their own websites. most companies have a dedicated web page for careers in their company.

6 0
3 years ago
Read 2 more answers
A strategic challenge facing Boeing includes driving __________ into their culture to help accelerate performance for the future
Rasek [7]

A strategic challenge facing Boeing includes driving more diverse technical skill into their culture to help accelerate performance for the future.

<h3>What is technical skill?</h3>

Technical skills can be regarded as  specialized knowledge as well as  expertise that is needed to a job.

Therefore, strategic challenge facing Boeing includes driving more diverse technical skill into their culture to help accelerate performance for the future.

Learn more about  technical skill at:

brainly.com/question/312313

#SPJ1

8 0
2 years ago
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