B. If it is a print ad you do not need Music, Enunciation, or Action
<span>Answer:
For inherited property, the basis is a new basis (i.e., fair market value on the date of the decedent's death unless the executor of the estate elects the alternate valuation date and amount), also known as "stepped-up basis." The $55,000 adjusted basis for Robin's Wal-Mart shares appears to be the fair market value of the stock at the date of her aunt's death.</span>
Answer:
Advertising Expense , Cost of Merchandise Sold , Merchandise Inventory, Sales,Supplies Expense are closed to income summary account. Revenues and expenses are closed to Income Summary.
Explanation:
Closing Entries
a. Accounts Payable: No it is not closed to income summary account.
b. Advertising Expense: Yes it is closed to income summary account.
c. Cost of Merchandise Sold: Yes it is closed to income summary account.
d. Dividends : No these are closed To Retained Earnings Accounts.
e. Merchandise Inventory : Yes it is closed to income summary account
f. Sales Yes it is closed to income summary account
g. Supplies: No prepaid supplies are an asset account and it is included balance sheet.
h. Supplies Expense: Yes it is closed to income summary account
i. Wages Payable: Not closed in the income summary account.
These are liabilities and included in the balance sheet.
A customer claims that they saw a rodent run through the dining area, so you examine the inside and outside and contact an exterminator immediately,
Rodents are mammals with extra-large front teeth. They use these teeth for gnawing to get at food and to find their shelter. If the rodent was seen by customers through the dining area, examine the area and try to calm down the situation by apologizing and assuring that you will have this matter dealt with asap.
This matter should be dealt soon, as it is quiet important, as the sighting of a rodent naturally raises food safety concerns. However, customers will understand that no one is perfect and mistakes can happen.
Hence, when the customers have your assurance that the matter will be taken care of, they will respect that.
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Answer:
A. the difference between the return on an index fund and the return on Treasury bills.
Explanation:
This term can be primarily used in denoting of opportunity cost in an investment, and also for risk assessment.
It is primarily defined to be the difference between an expected return on a market investment against the risk free rate. When a graph is been put to consideration, the market risk premium equals the security market line.
It is also primarily known also for its provision of quantitative measure found in the extra return demanded by market participants for the increased risk. At this summation, it is denoted that it is the difference between the return on an index fund and the return on Treasury bills.
