Answer:
c. None of the choices are correct
Explanation:
Calculation of capital gain
Basis of stock $35,000
Allocated ordinary income $12,000
Total basis $47,000
Amount distributed $40,500
Therefore, Since basis is more than distribution capital gain, The capital gain is $0.
Student Loan:
- borrowed money that needs to be repaid
- part of credit history
Grant or Scholarship
- given on the basis of financial need
- Given based on academic achievement and financial need
The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.
Answer: They could either use the Income and expenditure or purchases journal too.
Explanation: Because its a Yoga Studio, lots of expenses will be made and appropriate postings are to be entered on time.
Answer:
<em>HELLO</em><em> </em><em>CAN</em><em> </em><em>U</em><em> </em><em>TELL</em><em> </em><em>ME</em><em> </em><em>HOW</em><em> </em><em>TO</em><em> </em><em>SEE</em><em> </em><em>LEADERBOARD</em><em> </em><em>HERE</em><em> </em>
<em>I</em><em>N</em><em> </em><em>AUSTRALIA</em><em> </em><em> </em>
<em>I</em><em> </em><em>AM</em><em> </em><em>FROM</em><em> </em><em>INDIA</em><em> </em><em>AND</em><em> </em><em>I</em><em> </em><em>M</em><em> </em><em>HERE</em><em> </em><em>TO</em><em> </em><em>EXPLORE</em><em> </em><em>THE</em><em> </em><em>ASTUTRALIAN</em><em> </em><em>BRAINLY</em><em> </em>
<em>PLEASE</em><em> </em><em>HELP</em>
