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zalisa [80]
3 years ago
9

Record the transactions in the correct subsidiary Journals on 31 December 2011

Business
1 answer:
KATRIN_1 [288]3 years ago
3 0
173958292047565830202&375857292
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Amber Corporation donated inventory of clothing (basis of $136,000, fair market value of $170,000) to a qualified charitable org
viva [34]

Answer:

charitable contribution deduction =  $153000

Explanation:

given data

basis = $136,000

fair market value = $170,000

solution

we get here charitable contribution deduction that is express as

charitable contribution deduction = Basis + 50% of (Fair - basis)    .......................1

put here value and we get

charitable contribution deduction = $136,000 + 0.50 ($170,000 - $136,000 )

charitable contribution deduction =  $153000

3 0
3 years ago
1. In what way do organization charts create a picture of an<br> organization?
Allushta [10]

Answer:

In a structural way

Explanation:

the chart is the diagram that shows how the power flows through the company as it indicates the levels of hierarchy within.

5 0
3 years ago
Items listed in a job description detailing work to be performed are _____. skills, tasks, tools, data
devlian [24]
<span>Items listed in a job description detailing work to be performed are </span>Tasks.
6 0
3 years ago
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How much would Keith have in his account after three years if he started with $200 and earns 2 percent interest, compounding ann
padilas [110]
212.24 would be your answer.  12.24 is just how much he makes off interest, not the total amount.  200 is what he started with.  And 400 is just way to high of a number.
3 0
3 years ago
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What is a normal good?​ a. ​ A good whose demand increases when income decreases b. ​ A good whose demand decreases when income
4vir4ik [10]

Answer:

. ​ A good whose demand decreases when income decreases

Explanation:

A normal good is a product whose demand increases as consumers' income increases. The demand may also increase as economic conditions in the country improve. Similarly, when income decrease, the demand also declines.

As people income increase, the purchasing power increase. They prefer more costly goods than give them more satisfaction. Increased income tends to make consumers abandon goods that offer less utility.  Normal goods tend to be associated with customers in high-income.

4 0
3 years ago
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