Answer:
d. $5,000
Explanation:
Patnode's information is missing, so I looked it up. I found the balance sheet for 2014 and 2015. Hope that it is the same question:
total depreciation expense for 2015 = change in accumulated depreciation (2015 - 2014) + change in accumulated amortization (2015 - 2014) = ($3,000 - $0) + ($3,000 - $1,000) = $3,000 + $2,000 = $5,000
Explanation:
The administration course contributed with several essential concepts for the work and career of every professional.
In my opinion, the two most important concepts learned in this course were the development of marketing plans and management of social media.
Learning about the strategic importance of implementing a marketing plan will help the professional to understand the crucial steps in the development of the product and its phases until reaching the end customer. Another essential learning was social media, which is a worldwide trend in building customer and company relationships and cannot be ignored nowadays, through this new channel companies are able to establish a relationship marketing capable of creating value for the brand and increasing customer loyalty.
Cash transactions are more likely to be recorded incorrectly than other types of transactions since they happen more frequently.
<h3>What do you name a transaction?</h3>
A transaction is what? An executed contract between such a seller and a buyer to trade goods, services, or capital instruments in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. In corporate bookkeeping, this easy notion could be difficult to apply.
<h3>Do you mean by transaction "payment"?</h3>
A transaction is the outcome of a contract between such a seller and a buyer. In a trade, the seller exchanges cash for the provision of goods, services, or other financial assets. A company's lifeblood is its financial activities, which enable them to produce a consistent revenue stream and manage cash flow.
To know more about transactions visit:
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Answer:
$26,200
Explanation:
Current gain = Fair market value of the property - Basis of qualified property = $26,200 - $21,833 = $4367. Thus, the amount of Grady current gain is $4,367
We now determine the basis that Gredy takes for the share of Eadie stock
Basis = Original basis of qualified property + Current gain
Basis = $21,833 + $4,367
Basis = $26,200
Thus, basis that Gredy takes for the share of Eadie stock is $26,200