Answer:
That's true but some people do it for money
if a Doctor decrease his price than poor people can get a better health care for them it.
Explanation:
It has been said that a profession is not a trade and not an industry .
yeah
Answer:
Honestly I think it would be mostly negative without the internet, because if the internet got shut down we would not be where we are now today
Explanation:
:)))
Answer:
Vanessa's tax basis in cook inc. $50,000
Explanation:
Given:
Cash = $20,000
Fair market value = $100,000
Adjusted basis = $40,000
Mortgage executed = $30,000
Now,
For the tax basis
cash $30,000
add; Land ( adjusted basis ) $40,000
less ; Mortgage $20,000
============================================
Vanessa's tax basis in cook inc. $50,000
============================================
Answer: Please see explanatory column for answer.
Explanation:
No Journal entry
Date Amount and explanation Debit Credit
Jan 26 No entry No entry
Reason: this is because even though an agreement was reached in the negotiation,no transaction took place.
Journal to record loan from City Bank
Date Amount and explanation Debit Credit
March 1 Cash $350,000
Notes payable $350,000
Journal to record payment of loan with interest from City Bank from March - September.
Date Amount and explanation Debit Credit
September 1 Notes payable $350,000
Interest Expense $14,000
Cash $364,000
calculation: Interest = PxRXT= 350,000 X 8% X 6/12= $14,000
<h2>At the end of the year the supplies expenses will be 9,500 $</h2>
Explanation:
With the help of Preparing Suppllies Account we got the answer
<u> Supplies Account</u>
jan 1 By balance b/d 1,500
To Cash (expenses) Bal 9,500 By Purchase 40,000
To Bank (paid ) 30,000
Dec 31 To bal c/d 2,000
So by preparing Supplies Account we got the balance amount of Expenses paid to supplies are 9,500 $
