A. Asset
Explanation:
-asset is a useful or valuable thing
 
        
             
        
        
        
Tax that you pay when making a profit from selling a house is an example of: <span>A. Capital Gains Tax 
Every time you sell an asset that is not under investment category, The difference between your selling price with the initial cost when you buy that asset should be recorded as a Capital Gain.
In United states, you're inclined to pay around 28 % from the total capital gain as Capital Gain Tax</span>
        
                    
             
        
        
        
Answer:
A. $800
Explanation:
Ana Co.
Sales                            $500,000        
Accounts Receivable    $40,000       
Allowance for doubtful accounts   $300  Credit 
Bad Debts Expense = 2 % of $ 40,000=   $  800          
The adjusting entry would be 
Bad Debts Expense $ 800 Dr.
Allowance for doubtful accounts   $800  Credit    
 
As we already have a credit balance of $ 300 in the doubtful accounts we will increase it with an amount of $ 500.
Allowance for Doubtful Accounts $ 500 Debit 
Account Receivable                     $ 500 Credit      
    
 
        
             
        
        
        
Answer:
Price skimming.
Explanation:
Price skimming is a pricing strategy in which an organization gradually lowers it's selling price after initially charging it's customers a high price in order to attract more price-sensitive customers. It is mostly used by a first-mover who faces lesser competition in business.
In this scenario, Cosmeticon had no competitors in that segment of the Indian cosmetics market, so it set a very high price for its products in order to reach the premium, price-insensitive segment of the market. 
 
        
                    
             
        
        
        
Answer:
$3,960
Explanation:
The Borrowed amount is $198,000 on November 1, 2021. 
The interest expense  at December 31, 2021 is calculated as shown below: 
I=PRT
R=12%=0.12
P=$198,000
T=2 Months=(2/12) year
I=198,000*0.12*(2/12)
I=$3960
The correct option will be "B. $3,960."