Ji-Yung is 14 years old and a young entrepreneur. She is interested in investing some of her savings in real estate. She recently found a small house that she can rent out to college students. Her dad has agreed to the idea. Ji-Yung and her dad learned that the property will need to be held in a custodial account until Ji-Yung turns 21. Which custodial account can be used in this situation

Increases in output and increases in the inflation rate have been linked to

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

The adjusted trial balance for china tea company at december 31, 2018, is presented below: