Antonio owns land held for investment with a basis of $28,000. The city of Lafayette exercises the right of eminent domain and Antonio receives a payment of $48,000. What is Antonio's realized gain?
A) $0
B) $20,000
C) $28,000
D) $48,000
B) $20,000
$48,000 amount realized - $28,000 adjusted basis = $20,000 realized gain.
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The effective interest method amortizes premium or discount in a manner that produces a(n) ______________________ rate of interest from period to period
Fill in the blank(s) with correct word
Transactional data is copied into a_____, which is a separate data repository.
A. data dictionary B. data warehouse C. database schema D. traditional database
When developing a negotiation agenda, which concern is being considered if the negotiator is determining how the issues should be presented?
A. sequence B. packaging C. framing D. formula
Match Incorporated recorded salary expense of $120,000 in 2012. However, additional salaries of $9,000 had been earned, but not paid or recorded at December 31, 2012. After the adjustments are recorded and posted at December 31, 2012, the balances in the Salaries Expense and Salaries Payable accounts will be Salaries Expense Salaries Payable
A) $129,000 $9,000 B) $120,000 $ 0 C) $120,000 $9,000 D) $109,000 $ 0