Answer:
a. all goods and services.
Explanation:
Exports are the goods and services produced within the country but sold to customers in foreign nations. Net export is the difference between total exports and total imports.
GDP is the total value of the goods and services produced in a country in a period. GDP will include all products consumed within the country or exported. Exports are, therefore, a part of a country's GDP.
Since exports are consumed outside the country, net exports can be calculated by deducting exports from all the goods and services produced within the country.
Dakota Mining Company pays its bills and employees with checks drawn on a bank from another part of the country. Float is the advantage gained during the check-clearing time.
<h3>What is float?</h3>
Generally, The float is money in the banking system that is momentarily counted twice owing to time delays in reporting a deposit.
In conclusion, the advantage gained during the check-clearing time is called float
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Answer and Explanation:
The adjusting entry made on Tuesday is as follows
Salaries expense Dr $120 ($300 × 2 days ÷ 5 days)
To Salaries payable $120
(Being the salaries expense is recorded)
here the salaries expense is debited as it increased the expenses and salaries payable is credited as it also increased the liabilities.
Answer:
A) a $50,000 ordinary loss and $70,000 LTCL
Explanation:
given data
Brown stock = $30,000
stock basis = $150,000
time = 3 year
solution
we know that here stock is Section 1244 stock and original owner is Amy
so
first loss is for single individuals is = $50000
and this loss is treated as a ordinary loss LTCL because stock held more than 12 month
remaining amount = 70000
and we know it take here time 3 year
so total loss realized is
total loss realized $50000 + $70000
total loss realized = $120000
so correct option is A) a $50,000 ordinary loss and $70,000 LTCL