Acompany using the perpetual inventory method paid cash for a transportation-in cost. which of the following choices reflects the effects of this event on the financial statements? (option a, b,c, or d? )assets = liab. + equity rev. - exp. = net inc. cash flowa. - = na + - na - na = na -oab. +- = na + na na - na = na nac. +- = na + na na - + = - -oad. +- = na + na na - na = na -oa

Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?