At october 31, dingo, inc., had cash accounts at three different banks. one account balance is segregated solely for a november 15 payment into a bond sinking fund. a second account, used for branch operations, is overdrawn. the third account, used for regular corporate operations, has a positive balance. how should these accounts be reported in dingo’s october 31 classified balance sheet?
a. the segregated account should be reported as a noncurrent asset, the regular account should be reported as a current asset, and the overdraft should be reported as a current liability.
b. the segregated and regular accounts should be reported as current assets, and the overdraft should be reported as a current liability.
c. the segregated account should be reported as a noncurrent asset, and the regular account should be reported as a current asset net of the overdraft.
d. the segregated and regular accounts should be reported as current assets net of the overdraft.

What do economists mean when they use the latin expression ceteris paribus?

Aminor has the legal right to repudiate

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.