Contributed capital is reported in the shareholder’s equity section of the balance sheet and usually split into two different accounts: common stock and additional paid-in capital account. Is contributed capital considered income? Capital contributions are not considered business income unless given in the form of a loan. Contribution may alsoRead More →
In 1864, the U.S. government named Prescott as the state capital. “Throughout the Civil War, there are essentially two capitals of Arizona, two different Arizonas. And until the ending of the Civil War that really officially clarifies everything and puts Arizona into the shape that we recognize it is,” Batesaid.Read More →
A female godchild is called a goddaughter and a male godchild is called a godson. What godchild means? : a person for whom another person becomes sponsor at baptism. What do you call a God’s child? The term “son of God” is used in the Hebrew Bible as another wayRead More →
Geode Capital Management is a global asset manager providing efficient exposures and systematic investment solutions across multiple asset classes. Geode offers both alpha-generating and beta-tracking strategies. Is Geode Capital Management a hedge fund? Geode Capital Management LP has closed the doors of its hedge fund business due to heavy lossesRead More →
The trustee of an irrevocable trust has discretion to distribute income, including capital gains. The trust has the following 2020 sources of income and deduction: Interest income — $20,000. Who pays taxes on an irrevocable trust? Trusts are subject to different taxation than ordinary investment accounts. Trust beneficiaries must payRead More →
The trustee of an irrevocable trust has discretion to distribute income, including capital gains. The trust has the following 2020 sources of income and deduction: Interest income — $20,000. Who pays taxes on an irrevocable trust? Trusts are subject to different taxation than ordinary investment accounts. Trust beneficiaries must payRead More →
Our History Ahilya Fort, in the central Indian town of Maheshwar, sits high above the sacred river Narmada. Maharani Ahilyabai Holkar ruled here from 1765 to 1796 and built Ahilya Wada, her personal residences, offices, and darbaar audience hall, within the fort. Which God is known as Maheshwar? The wordRead More →
Types of capital expenditures can include purchases of property, equipment, land, computers, furniture, and software. What is a capital expenditure budget why is it important? Capital budgeting is important because it creates accountability and measurability. Any business that seeks to invest its resources in a project without understanding the risksRead More →