The 2018 journal entries for Milani<span> related to its investment in </span>Seida<span> are its share in net income and share in dividends. The investment in considered as investment in associate since there is already the significant influence in </span>Seida. These are the journal entries:
<span>Investment in </span>Seida 12,0000
<span> Share in net income of </span>Seida<span> ($30,000 x 40%) 12,000</span>
#
Cash ($110,000 x 40%) 44,000
<span> Investment in </span>Seida 44,000<span> </span>
<span> #</span>
Answer:
True
Explanation:
The reason is that it is transfering marketable securities for another marketables securities which are subject to a change of values as the previous one. Only the amount received in cash was realized thus, that is the amount of gain Allen will recognize as capital gain
The other part is unrealized gain until this shares are sold point atwhich, Allen which check for how much is the realized gain/loss in the transaction
Answer:
economic and legal
Explanation:
In the given situation, the economic and legal would be impacted by the change as the economic environment is impacted since the people would not be working that results they would be less contributed to the economy due to this it would develop a more burden in social security benefits that strict the laws so it would be lead to the legal environment
Therefore the above represent the answer
Answer:
All of the above
Explanation:
Taxes are involuntary fees levied on individuals or corporations and enforced by government entity whether local or national in order to finance government activities. Taxes help in funding public works like medical research, national defense, water pollution etc.
(b)
Equilibrium output will be greater than the efficient output
- Equilibrium output is the point where national income is equal to planned aggregate expenditure.
- Equilibrium output occurs where AD (Aggregate Demand)= AS (Aggregate supply)
- Equilibrium - It is that type of state where market demand and market supply are balanced.
- Disequilibrium- It is the opposite of equilibrium or when is not in the state of equilibrium position it is automatically considered as disequilibrium.
- Different types of equilibrium are as follows-
- Economic equilibrium
- Competitive equilibrium
- General equilibrium
- Underemployment equilibrium
- Lindahl equilibrium
- Intertemporal equilibrium
- Nash equilibrium
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