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VARVARA [1.3K]
2 years ago
12

What tax event must take place when a taxpayer receives a Form 1099-A?

Business
1 answer:
Ad libitum [116K]2 years ago
8 0
Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.
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Franklin, John, Henry, and Harry have decided to pool their financial resources and business skills in order to open up and run
Sliva [168]

Answer:

The correct answer is letter "C": Partnership.

Explanation:

A Partnership is an organization where two or more owners operate a business. They share the profits in proportion to their percentage partnership interest. There are two types of partnerships: <em>General Partnerships</em> (unlimited liability) and <em>Limited partnerships</em> (liability proportional to the percentage contribution of the partnership).

7 0
3 years ago
When evaluating a balance sheet, the two primary questions are ________?
Brilliant_brown [7]

In terms of evaluating balance sheet, the two primary questions that are being formulated are the following;

-          The assets are financially secure or stable

-          The firm has assets that are sufficient and are short term in means of having debts that are only short and temporary.

4 0
3 years ago
Mention any five essential elements required for insurance contract​
tatyana61 [14]

Answer:

These elements are definable risk, a fortuitous event, an insurable interest, risk shifting and risk distribution. in addition, there is a very important legal difference between a reserve and an insurance company.

4 0
3 years ago
A———— <br> Is a potential situation that a firm is equipped to take advantage of
olasank [31]

Opportunity often comes and it is a potential situation that a firm is equipped to take advantage of.

<h3>What is Opportunity?</h3>

Opportunity are potential that equipped a firm to take advantage of opportunities .

This is related to market, as it helps analyse external opportunities.

Therefore, opportunity often comes and it is a potential situation that a firm is equipped to take advantage.

Learn more on market opportunity here,

<em>brainly.com/question/8493674</em>

8 0
2 years ago
I want to be a Architect or vet does anyone know what i should choose for GCSE's.
olga55 [171]

Answer:

for me I want you to choose vet because I love animals

Explanation:

But follow your heart it's your choice choose wisely

4 0
3 years ago
Read 2 more answers
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