Answer:
Sr. No Particulars Debit Credit
Land $ 65000
Profit & Loss Account $ 25,000
Corporation Stock $ 80,000
Cash $ 10,000
Explanation:
Recording of purchase of land for stock of $ 80,000 and cash $ 10,000 . As the value of land is $ 65,000 the loss is debited to the profit and loss account. the stock is recorded at the fair market value on the date.
C. Is the answer
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Answer:
The correct answer is c
Explanation:
Sensitivity analysis is a technique that permits the analysis of changes in assumptions used in forecast. It helps judge the degree of risk and also recognises and allows us to identifie whether or not there is an accurate forescast.
It is Province of Quebec, Canada
