Explanation:
All tenders should be submitted on the appropriate tender forms as issued by trasnet and as per instructions in the bid documentation
Sorry would love to help but Translation plz???
Answer:
Section 121 exclusion
Explanation:
In simple words, IRC section 121 requires a person to deduct up to $250,000 ($500,000 for dual filers) of profit from the selling (or exchange) of land that was purchased and utilized as a primary home for at minimum two of that five years preceding the sale. Thus, from the above explanation we can conclude that the correct answer is section 121 exclusion.
Answer:
Dr Retained Earnings $6,000
Cr Common Dividends Payable $6,000
Explanation:
Preparation of the journal entry to record the dividend declaration
Based on the information given we were told that the Corporation declared the amount of $0.50 per share cash dividend on common shares in which 12,000 shares of the common stock are outstanding, hence The journal entry to record the dividend declaration is:
Dr Retained Earnings $6,000
Cr Common Dividends Payable $6,000
(12,000*$0.50)
B I believe this is the right answer
