Business, 26.03.2021 06:20 emilyblaxton
Yazou Corp. was formed as a calendar year S corporation with 3 shareholders. On August 15 of the current year (not a leap year), one of the shareholders sold his shares to a corporation, terminating the S corporation election. Yazou's accounting records reflect business income of $75,000 through August 15 and $45,000 from August 16 through December 31. Calculate Yazou's S corporation short year income, using both the daily method and the specific identification method
Answers: 2
Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Business, 23.06.2019 11:00
If quotas on sugar were eliminated in the united states, domestic production of sugar would fall. why is this a benefit in economic terms for the united states? i. resources are freed up that could be used more efficiently elsewhere. ii. it is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. iii. u.s. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.
Answers: 1
Business, 23.06.2019 17:00
Suppose that a recent celebrity endorsement made more people prefer this brand of cell phones. now, more cell phones are demanded at each price level. as a result of the increase in demand, the equilibrium price and the equilibrium quantity increases, decreases
Answers: 1
Yazou Corp. was formed as a calendar year S corporation with 3 shareholders. On August 15 of the cur...
Biology, 26.10.2020 03:10
English, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10
Biology, 26.10.2020 03:10
Biology, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10
Chemistry, 26.10.2020 03:10
Computers and Technology, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10
History, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10
Biology, 26.10.2020 03:10
History, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10
Mathematics, 26.10.2020 03:10