Answer: a. Credit to Unrealized Gain-Equity for $4,000.
Explanation:
Because the investment is an AVAILABLE FOR SALE investment, gains and losses made on it are recorded under COMPREHENSIVE INCOME in the Equity section as Unrealized gains or losses.
Because this is profit, it is treated as Unrealized gains and is Credited in the Equity section under Comprehensive income.
You however only record the gains or losses and not the whole amount because the investment is recorded at Fair Value as an asset.
Therefore in this scenario, the gain is $20,000-$16000 which is $4000. That is what is recorded as an Unrealized gain.
<u>Answer</u>:
C) a watermelon, a chair, and a pencil is a list of private goods only.
<u>Explanation</u>:
In Economics, private goods are goods that need to be purchased for consumption, and if an individual is consuming it, then the other individuals cannot consume it. These goods are also considered as excludable which means that if a user has bought it, he/she can prohibit its use from the public through ownership rights. The owner could be an individual or a group of individuals.
By applying the above definition, it is clear that C is the only alternative that consists of private goods only, that is, A watermelon, a chair, and a pencil.
A rightward shift of the supply curve so that more is offered at each price is the cause of any improvement in overall production tech that permits more output to be produced with the same level of inputs causes
The rightward shift of the supply curve usually indicates an increase in an input.
<span>These are "negative option" plans. In these plans, the consumer has the requirement to send a "negative" notice or cancellation notice, otherwise they will be billed or continue to be billed for these items. These options can be onerous because it requires that the consumer remember that they are paying for an item on a constant basis and have to remember to cancel it when they don't want it.</span><span />
Communism is a system where government promotes common ownership of all property, means of production, and materials to prevent the exploitation of workers.
<h3>What is Communism?</h3>
Communism, can be regarded as a command system which is a system where government owns most of the factors of production.
In this case, Communism is a system where government promotes common ownership of all property, means of production.
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