Answer:
B) Stable monetary unit concept
Explanation:
Based on the information given the concepts or principles of accounting that was being violated is called STABLE MONETARY UNIT CONCEPT reason been that this type of accounting principle believe that the dollar purchasing power should often be stable or fixed regardless of the increase or rise in market price which is inflation which is why an accountant will often ignore the impact of inflation on goods and services based on the assumption of the principle of STABLE MONETARY UNIT CONCEPT.
Therefore Tate corporation has violated the accounting principle of STABLE MONETARY UNIT CONCEPT by adjusting the building amount that was purchase in 1970 in the Accounting record from the amount of $30,000 to the amount of $75,000 due to the effect of inflation.
True <span>Street Maintenance Mission. The Street maintenance Division of the Public Works Department is responsible for keeping all City streets and alleys in good repair and serviceable condition. With the goal of preserving street surfaces to avoid more costly reconstruction, the Street Maintenance Division uses a variety of ...</span>Missing: oversees true <span>false</span>
Answer:
Answer is B :) when you fill in the blank you can understand what I did
Explanation:
Sally and Joe did not live in the home for the required two of the last five years to qualify for the deduction.
Explanation:
In fact, you must satisfy both the possession requirement and the use test in order to qualify for the waiver from Section 121. Unless you owned and then used your house as your primary place of residence is minimum period two years from the five years preceding the date of sale, you are liable for exclusion. During different 2 years, you can fulfil your ownership and use tests. However, during most of the 5-year period that ends on the date of purchase, you must fulfil both tests.
You do not have to declare your rental income to the IRS if you visit to work in the house for 14 days or less in the year. There is something to that for visitors who might reap the benefits of short-term activities such as major sports, concerts and natural occurrences in their city.
It is best to scour government websites that have authority over stocks and trusts transactions.
Because the government has the ultimate authority to give permits in start-up corporations and other businesses, it is best to start your search in government websites and work on from there.
You can start with the Securities and Exchange Commission (SEC) website. You can also visit the websites of Financial Industry Regulatory Authority (FINRA), Bureau of the Public Debt, Commodity Futures Trading Commission (CFTC), <span>and </span>National Futures Association (NFA).
