Answer:
Luciana’s basis in the condominium is $120000.
Explanation:
The transfer or sale of property by the employer to the employee at less than the fair market value then it is considered as the compensation income or dividend income. However, it should be included in the income. The difference in cost and fair market value ($120000 - $85000 = $35000) is considered as the gross income which is taxable for the year.
Answer:
no idea
Explanation:
brochures cannot be removed for they help in breathing system
I really want to say income statement
Answer:
creative
Explanation:
He could either be a humble, extroverted, born or creative leader. From these options the most intuitive answer would be that he is a creative leader given that he has introduced "breakthrough technologies" in the companies products which would only be possible through a great amount of initiative and creativity.
The term "breakthrough technologies" is the key word in answering this question as it refers to innovation that has never been seen before. Thus, it would require a great deal of creativity to think of and successfully introduce and implement into a company.
Answer:
d. All of these answer choices are correct.
Explanation:
There are two sections namely debit sections and credit sections. The total of debit and credit sections is always be matched and equaled
The debit sections reports assets and expenses side
whereas, the credit sections reports revenue, stockholder equity, and the liability side.
Moreover, the balances are used to prepare the financial statement i.e income statement, balance sheet, etc
The trail balance is prepared three times i.e non adjusted, adjusted and the post-closing trail balance