Tatoo Inc. reported a net capital loss of $15,000 in 2019. The company had a net capital gain of $6,300 in 2017 and $5,000 in 2016. In 2018, although the company suffered a net operating loss, it had net capital gains of $3,000. What is the amount of Tatoo's capital loss carryover remaining after it applies the carryback?

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket