The original sale of the $50 par value common shares of gray company was recorded as follows: cash 306,800 common stock 260,000 paid-in capital in excess of par 46,800 transactions: (a) bought 420 shares of common stock as treasury shares at $61. (b) sold 130 shares of treasury stock at $59. (c) sold 70 treasury shares at $69.

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

In business, what would be the input, conversion and output of operating a summer band camp

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?