Definition of revenue
the difference between operating and non-operating revenue
list and describe three types of revenue

Answers

Answer 1

Revenue is the income generated by a company from its primary operations. It can be categorized as gross revenue (total revenue before expenses), net revenue (revenue after deducting expenses), and operating revenue (from core business activities).

Revenue can be defined as the income generated by a company, organization, or business entity through its primary operations. Revenue is the amount of money earned by a company before deducting expenses. It's a top-line figure that reveals how much money a company made from its core operations.The distinction between operating and non-operating revenue is significant. Operating revenue is earned from a company's core business activities, while non-operating revenue is earned from secondary or peripheral business operations or investments.Operating revenue is generated by a company's primary business activities and includes revenue earned from the sale of goods and services that are directly related to the company's main purpose. Non-operating revenue, on the other hand, is generated from activities that are not related to the company's primary business activities, such as investments or the sale of assets.Types of revenue:1. Gross Revenue: Gross revenue is the total amount of revenue earned by a company before subtracting any expenses. It includes revenue earned from sales of goods or services, as well as other sources such as interest earned on investments.2. Net Revenue: Net revenue is the total revenue earned by a company after deducting any expenses or returns.3. Operating Revenue: Operating revenue is the revenue generated by a company's core business activities. This revenue is generated from the sale of goods and services that are directly related to the company's main purpose, such as sales revenue from products sold or fees charged for services provided.

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Related Questions

what things should be considered while running a business?​

Answers

Answer:

-::Bussiness ii Dea

-::CusTomers

-::Competition

-::LocaTiion

-::CompeTiTiion

-::STaff

-::sTarT up CosT

CapiiTaL and Fiinance

Explanation:

-::The firsT Thiing as First-Your CusTomer.Yes,they are mosT imporTanT parT of Your entrepreneurial Life,and TheY are The Person who WiLL TeLL You WhT You need To do FoR Them.That's The basic FormuLa To Succes.

-::SuppLiiers-iidenTify PotenTiaL SuppLiiers needed To Produce The Service or Goods You WanT To SeLL.

-::After considering all the capital and expense requirement, before you start operating, make sure you have the registrations needed to legalize your business.

Which of the following characteristics exist in critical accounting communications?
- the nature of the estimate is material due to the levels of subjectivity
- judgment is necessary to account for highly uncertain matters or the susceptibility of such matters to change
- the impact of the estimate on financial condition or operating performance is material
- All of these answer choices are correct.

Answers

All of the answer choices are correct.

The characteristics mentioned in the options - the nature of the estimate being material due to subjectivity, the necessity of judgment for highly uncertain matters or matters susceptible to change, and the material impact of the estimate on financial condition or operating performance - are all essential aspects of critical accounting communications.

Critical accounting communications refer to the disclosure of significant accounting estimates and judgments in financial statements or accompanying footnotes.

These estimates and judgments play a crucial role in reflecting the financial position and performance of an organization.

When an estimate is material due to subjectivity or uncertainty, it requires careful judgment and consideration. Moreover, if the estimate has a material impact on the financials, it becomes even more critical to communicate and disclose this information accurately and transparently.

Thus, all of the mentioned characteristics are important in critical accounting communications.

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How can decision-making skills help me achieve my goals?

Answers

Answer:

Put forward objectives that you need to achieve. To be roused to really accomplish your objectives, they should be founded on the data that you considered during the dynamic interaction. Stage 2: Consider your objectives mindfully to guarantee that they don't negate one another.

Answer:

It helps you be more experienced when it comes to making tough decisions

Explanation:

The reason decision making skills can help you achieve your goals is by making you focus on what you need to do to be able to complete whatever obstacle you need to cross. Imagine you didn't have any decision making skills at all. One day you will come across some sort of situation where you would need to make a decision, for example lets say that you are a manager at an office building and there is an office worker who just doesn't do their job. There is another person who wants to work there and they are more hardworking than the lazy worker but there is no positions available. Your decision making skills would help you decide whether to fire the lazy worker so that the hard worker gets the job, or if you would let the lazy worker keep working there and the lazy worker does nothing productive for the company.

Hope this helps and wasn't too confusing.

Suppose you learned that the price elasticity of demand for wheat is -0.70 between the current price for wheat and a price $2 dollars higher per bushel. Do you think farmers collectively should try to reduce the supply of wheat and drive up the price up 2 dollars higher per bushel? Why?

Answers

No, because the price elasticity of demand for wheat is inelastic (-0.70), which means that a change in price will result in a proportionately smaller change in quantity demanded, so reducing supply may not significantly increase the price.

Given that the price elasticity of demand for wheat is -0.70 between the current price for wheat and a price $2 dollars higher per bushel, it means that the quantity demanded of wheat is relatively inelastic, as a 1% increase in price will cause less than a 1% decrease in the quantity demanded (-0.70 < -1).

Therefore, farmers cannot significantly increase their revenue by reducing the supply of wheat and driving up the price by $2 per bushel, as the decrease in quantity demanded will not offset the price increase. Hence, reducing the supply of wheat will not be a profitable decision for farmers in this situation.

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A company that has an activity−based costing system with
multiple cost drivers will prepare​ a(n) ________ budget.
A. strategic
B. short−range planning
C. activity−based flexible
D. financial planning

Answers

When a company has an activity-based costing system with multiple cost drivers, it typically uses an activity-based flexible budget. The correct answer is C. activity-based flexible budget.

Activity-based costing (ABC) assigns costs to specific activities or cost drivers, providing a more accurate allocation of costs compared to traditional costing methods.

A flexible budget is designed to adjust based on changes in activity levels or cost drivers.

Therefore, combining activity-based costing with a flexible budget allows the company to more effectively plan and allocate resources based on the specific activities and cost drivers involved. This type of budget provides greater flexibility and accuracy in aligning costs with the varying levels of activity within the organization.

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Dixie Corporation distributes $31,000 to its sole shareholder, Sally. At the time of the distribution, Dixie's Earnings and Profits (E&P) is $25,000 and Sally's basis in her Dixie stock is $10,000. Sally's basis in her Dixie stock after the distribution is (A). $31,000 (B). $25,000 (C). $10,000 (D). $4,000

Answers

Answer:

(D) $4,000

Explanation:

Initial amount distributed is $31,000

Earnings and Profit (E & P) $25,000

Therefore, Distribution in excess of earnings and Profit would be;

= Initial amount distributed - Earnings and Profit

=$31,000 - $25,000

=$6,000

Sally basis in her Dixie stock after the distribution would be ;

= Basis - Excess distribution

=$10,000 - $6,000

=$4,000

An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.

an efficient monetary policy

a national economy

a competitive marketplace

sound financial management

Answers

An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.

What is the market?

Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.

As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.

Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.

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Which activity most contributes to increased smog in the atmosphere?
A. underground mining
B. gasoline combustion
OC. agricultural irrigation
D. nuclear energy production


HELP PLEASE

Answers

Answer:

B. gasoline combustion

Explanation:

Smog is a term that refers to a combination of smoke and fog. It describes intense air pollution that blackens the atmosphere with a fog-like cloud. The major contributors of smog factories, power plants, and automobile exhaust.  From the list provided, gasoline combustion contributes most to the formation of smog. These are car exhausts, heavy machine emissions, and other equipment fueled by petrol or diesel.

What is Bloom’s Taxonomy?
( no c0py from g00+gle)

Answers

Answer:

a set of three hierarchical models used to classify learning objectives into levels of complexity and specificity

Answer:

Bloom's Taxonomy is a Hierarchal Pyramid used to classify the objectives when learning something into: creating, evaluating, analyzing, applying, understanding, and remembering.

Explanation:

When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.

Answers

Answer:

caution research company first

Explanation:

safest option

two alloy manufacturers agree to charge the same price for a product to a potential customer who is considering buying alloy from one of these manufacturers. this is an example of

Answers

Price collusion is the term used to describe the situation where two alloy manufacturers agree to charge the same price for a product to a potential customer.

Price collusion refers to an agreement between competing firms to set prices at the same level, eliminating competition and potentially leading to higher prices for customers. In this scenario, the two alloy manufacturers are engaging in anti-competitive behavior by coordinating their pricing strategies. This practice restricts consumer choice and can result in inflated prices. Price collusion is typically illegal in many jurisdictions as it undermines fair market competition and harms consumers' interests. Antitrust laws and regulatory authorities aim to prevent such collusive practices and promote healthy competition in the marketplace.

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How can I benefit from taxes?

Answers

Answer:

We pay taxes to the government as a way to pay for our daily life. Taxes can let you get credits on your health insurance, having safe roads, free public education and etc.

Explanation:

Hope this helped you :)

Explain how herbs are used in treating any
5 diseases

Answers

Answer:

An herb is a plant or plant part used for its scent, flavor, or therapeutic properties. Herbal medicines are one type of dietary supplement. They are sold as tablets, capsules, powders, teas, extracts, and fresh or dried plants. People use herbal medicines to try to maintain or improve their health.

Explanation:

Hope it helps u

FOLLOW MY ACCOUNT PLS PLS

Your purchasing department wants to monitor overdue purchase orders. What are the prereqs for issuing delivery reminders for a purchase order?

Answers

To effectively monitor and issue delivery reminders for overdue purchase orders, there are several prerequisites that should be in place. Firstly, there needs to be a system in place that tracks the status of purchase orders and identifies when they are overdue. This can be achieved through the use of procurement software or by implementing a manual tracking system.

Secondly, it is essential to have a clear process for issuing delivery reminders. This process should outline who is responsible for sending the reminders, when they should be sent, and what information should be included in the reminder. This will ensure that all overdue purchase orders are handled consistently and efficiently.

Additionally, it is crucial to have accurate and up-to-date contact information for the suppliers responsible for fulfilling the purchase orders. This includes the supplier's email address, phone number, and any other relevant contact details. Without this information, it will be challenging to send delivery reminders and follow up on overdue orders.

Finally, it is essential to have a proactive approach to monitoring and issuing delivery reminders for overdue purchase orders. Regular checks and follow-ups should be carried out to ensure that all overdue purchase orders are dealt with promptly. This will help to maintain good relationships with suppliers and ensure that the purchasing department receives the goods and services they need to operate efficiently.

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whoever answers first will get brainliest! pls help

CPI and GDP deflator are both examples of which of the following?
1. price indexes, used to measure the rate of inflation
2. output indicators, used to calculate total production
3. unemployment aggregates, used to measure labor force
4. inequality measurements, used to calculate income inequality

thank you!

Answers

Answer:  1) Price indexes, used to measure the rate of inflation

=============================================================

Explanation:

CPI = consumer price index

The CPI is basically a value in which we use to see how the price of some certain goods are changing over time, which then helps us determine the average overall rate of inflation. Some inflation is good and it's actually encouraged (or sought after) but it's a good idea to keep that inflation in check. Deflationary pressure is a bad thing because it could lead to the economy shrinking, which means less output is made. In other words, if prices go down, then producers have less incentive to sell their goods/services, which puts downward pressure on economic output.

GDP deflator is a similar idea to the CPI, but it measures things in a different way. In all honesty, I'm not familiar with this term enough to explain it, but I'm sure you can probably find many resources elsewhere to help clear things up.

Answer:

...........................

Which of the following nonverbal signals can you use to indicate interest and enthusiasm?

A. Fidgeting

B. Crossing your arms

C. Making eye contact

D. Sitting at a distance

Answers

C.....................

C. Making eye contact

Have a great day!

Document 7: According to the author, what aspects of life are improved under communism?

CAN SOMEBODY HELP ME:(

Document 7: According to the author, what aspects of life are improved under communism?CAN SOMEBODY HELP

Answers

Communist ideology supports widespread universal social welfare.

Improvements in public health and education, provision of child care, provision of state-directed social services, and provision of social benefits will, theoretically, help to raise labor productivity and advance a society in its development.

What is social welfare?

The term "social care" does not have a precise definition. Today, social care encompasses a wide range of activities and services by volunteers, non-profit organizations and government agencies. Social care includes assistance provided to those in need; activities and resources to improve or promote the well-being of individuals, families and wider society; and broad efforts to eliminate or reduce the incidence of social problems.

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Which of the following is NOT an example of a job skill?
A. attending work every day
B. being good with computers
C. being creative
D. working well in groups

Answers

Answer:

attending work everyday

Explanation:

Its not a skill its a priority.

Some examples of a job skill are being good with computers, being creative or working well with a team but attending work every day is not a skill. Therefore a is correct here.

Why do job skills matter?

Job skills are important because they are those collections of skills that can help a person to complete a work. There are various kinds of work skills such as workplace skills, technical skills, transferable skills etc.

Workplace skills are those personal skills that ensure that we do our job well, for instance, teamwork. Technical skills are those skills that are required for a specific job such as coding. And transferable skills are those skills which we take from one job to another.

Some of the skills required are communication, change management, professional development, storytelling, planning, influencing, decision-making, problem-solving, and human resources.

Job seekers should always be ready to learn new skills because employers prefer such employees.

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what is the form of electronic commerce enabling
individual customers to interact and transact directly?

Answers

A type of Electronic commerce known as "Consumer to Consumer" (C2C) allows individual customers to interact and conduct business on their own.

The business model known as "consumer-to-consumer" (C2C) involves private consumers making purchases of goods or services through third parties without the involvement of a company.

An online method of buying and selling goods and services is known as e-commerce. The meaning of a web-based business can likewise incorporate strategies like associate promoting.

E-commerce serves the same function as a store. Customers have no problems entering your e-commerce store, searching for products, or placing orders. The merchant ships the product to the customer and records customer feedback after the purchase is complete.

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Which of the following pairs of goods is an example of substitutes?

A. Shirts and trousers
B. Pen and Ink
C. Petrol and Diesel
D. Coffee and Sugar

Answers

Coffee and Sugar pairs of goods is an examples of substitutes.

Hence, Option D is correct

When it comes to microeconomics, two goods are considered substitutes if consumers could use them for the same purpose.In other words, a consumer sees both goods as comparable or similar, so having more of one good makes them less interested in having more of the other.An example of a substitute is the commodity pair of tea and coffee. As with all complementarity pairs of goods, this relationship is unfavorable.Substitutes that are Near and Weak. We can use weak substitutes that are near. Close substitutes are more responsive to price changes; for example, a slight price increase on one commodity, such as gasoline, might result in a bigger increase in demand for the other good.

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Create a presentation that describes your plan and findings for a personal finance budget

Answers

Answer:

My plan is to work in the oil field making about four thousand a month. one thousand a week, spending 500$ a month on food, 250$ on car note, 750$ on  house note 60$for gas 1000$ for personal expenses.i will have  1440$ to put in my savings

Explanation:

If an entity can exist apart from one or more related entities, it is said to be ____-independent. Select one: a. existence b. business c. weak d. relationship.

Answers

If an entity can exist apart from one or more related entities, it is said to be existence independent.

What is existence independent?

Simply put, it is a feature of an entity that makes it possible to operate independently of one or more related entities.

In science, a substance can be said to be independent of outside support if it can exist on its own. In chemistry, a molecule is the tiniest component of an element or compound that is capable of independent existence.

In conclusion, It is the ability of an organism to survive without relying on anything. That is, they perform essential life functions on their own. Unicellular organisms are an example. As a result, a cell is regarded as the fundamental unit of life.

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Benny felt like he was ready for his science test. He had taken sequential notes in class. He and his friends had studied together every day that week, and they had quizzed one another on their flash cards. As he sat down to take the test, he felt confident, but when the exam began, he realized that he was not as prepared as he had thought. When he got his test back the next day, he was disappointed with his grade. What is the most likely reason Benny’s grade on the test was lower than he had hoped? His note-taking skills were poor. He did not review the key concepts. He should have crammed before the test. He did not pick an efficient study environment.

Answers

Answer:

D. He did not pick an efficient study environment.

Explanation:

Took the quiz

Answer:

D

Explanation:

WAYS IN WHICH THE YOUTH CAN MANAGE STRESS

Answers

Answer:

Sleep well. ...

Exercise. ...

Talk it out. ...

Make time for fun — and quiet. ...

Get outside. ...

Write about it. ...

Learn mindfulness.

Stevenson, Ross, and Warner (SRW) ​ Maddie is the CEO of Stevenson, Ross, and Warner (SRW), a regional accounting firm. SRW offers services in most areas of accounting, including auditing and consulting services. The firm must follow the GAAP rules, just like any other accounting firm. If there are information gaps that are not addressed and resolved by the firm, SRW could be considered a violator of the Sarbanes-Oxley Act. Maddie understands what must be done and wants every employee of the firm to understand that they have to follow all the rules and regulations. Like any other industry, accounting is a competitive industry and employees of accounting firms must be productive, progressive, and well trained. Refer to Stevenson, Ross, and Warner. In order to be successful in the accounting industry, SRW employees must:__________.
A. know all areas of accounting and marketing.
B. have complete human resources training.
C. be able to communicate in multiple languages.
D. know how to do accounting the old fashioned way-using the manual, double-entry system.
E. have a strong background in financial management.

Answers

Answer:

E. have a strong background in financial management.

Explanation:

Since in the question it is mentioned that  (SRW) which is a regional accounting firm that offers services like auditing, accounting, and consultancy. But there are gaps in the information that are not solved by the firm also it violates the Sarbanes-Oxley Act.

Now to be successful there should be a strong background in the financial management

Hence, the option E is correct

If an employer agrees to give you constructive criticism of your interview performance, you need to listen carefully and take notes. true or false?

Answers

Answer: True

Explanation:

As the employed you work for the employer which means that it is best to act in a way that the employer deems appropriate.

If the employer therefore gives you constructive criticism, it is most likely to get you to act in a way that they deem appropriate. It would be best to listen carefully and take notes for reference because chances are that such advice will benefit you greatly with other employers or with your employees should you decide to set up your own shop.

Bart, Inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in Rex Co.'s common stock. During 20X5, Rex paid dividends of $300,000 and reported earnings of $900,000. In addition: The dividends received from Rex are eligible for the 80% dividends-received deduction. All the undistributed earnings of Rex will be distributed in future years. There are no other temporary differences. Bart's 20X5 income tax rate is 30%. The enacted income tax rate after 20X5 is 25%. In Bart's December 31, 20X5 balance sheet, the deferred income tax liability should be

Answers

Answer:

The right answer is "$9,000". A further explanation is given below.

Explanation:

The given values are:

Rex paid dividends,

= $300,000

Reported earnings,

= $900,000

Investment,

= 30%

Taxable rate applicable,

= 25%

Now,

Throughout the future years, the amount of dividends taxable will be:

= \((900,000 - 300,000)\times 30 \ percent\)

= \(180,000\) ($)

Dividends received deduction will be:

= \(180,000\times 80 \ percent\)

= \(144,000\) ($)

then,

Net taxable dividend will be:

= \(180,000-144,000\)

= \(36,000\)

hence,

Deferred tax liability will be:

= \(36,000\times 25 \ percent\)

= \(9,000\) ($)

Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.

People are d. i. c. k. s.

Answers

Answer:

wow

Explanation:

I'm gonna type a random answer

You live in Atlanta, GA and work for a company which has multiple locations nationwide. The owner of the company tells you on a Friday that you need to compile and present some information to the San Francisco, CA office on Monday.

What would be the most economical and responsible thing for you to do?

Answers

Answer:

(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.

Multiple -choices

(A)Hop on a plane Friday night and fly to San Francisco so you can have time to

explore the city and share the information with their office on Monday morning.

(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.

(C)Collaborate with your peers in the Atlanta office all weekend, and then take the

red eye

flight to San Francisco on Sunday night in order to be there to present your

findings on Mondayimorning.

(D)Share the Excel spreadsheet with the team leader in San Francisco and tell him

to make the presentation for you

Explanation:

The term economical refers to using few resources or efficient use of the available resources. Economical in this passage refers to spending as little resources as possible.

The use of technology presents the most economical way of delivering this presentation. Instead of traveling all the way to Francisco, one can prepare an online presentation and present it remotely. Traveling will incur expenditure on air tickets, accommodation, and meals. Advanced technology has made online presentation equally good as other meetings due to their real-time interactive abilities. An online meeting will save time, money, and unnecessary fatigue.

What is an example of a biological hazard?
A. Norovirus
B. Chlorine
C. Insulation
D. Hair

Answers

A typical example of a biological hazard is: A. Norovirus.

What is a biological hazard?

A biological hazard is also referred to as biohazard and it can be defined as any type of biological substance which poses risk to the general well-being and health of a living organism such as:

NorovirusBacteriaFungi

In this context, we can infer and logically deduce that a typical example of a biological hazard is norovirus.

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Prepare a journal entry for the purchase of a truck on June 3 for $42,500, paying $8,500 cash and the remainder on account. 3. The following errors took place in journalizing and posting transactions: a. A withdrawal of $6,000 by Cheri Ramey, owner of the business, was recorded as a debit to Office 6.Utilities Expense 2. Prepare a journal entry for the purchase of a truck on June 3 for $42,500, paying $8,500 cash and the remainder on account. 3. The following errors took place in journalizing and posting transactions: a. A withdrawal of $6,000 by Cheri Ramey, owner of the business, was recorded as a debit to Office Salaries Expense and a credit to Cash. b. Utilities Expense of $4,500 paid for the current month was recorded as a debit to Miscellaneous Expense and a credit to Accounts Payable. Journalize the entries to correct the errors. Omit explanations. Rudy too a job through an employment agency. The job pays $75.9K per year.He must pay a fee to the employment agency. The fee is 40% of his first 3week's pay. How much money must Rudy pay the agency, to the nearest cent.1. $30,3602. $1,459.623. $1,751.544. $4,378.85 Problem 16-40 (LO. 4) George sold land to an unrelated party in 2016. His basis in the land was $45,000, and the selling price was $120,000$30,000 payable at closing and $30,000 (plus 10% interest) due January 1, 2017, 2018, and 2019.What would be the tax consequences of the following?Treat each part independently, assume that (a) George did not elect out of the installment method and (b) the installment obligations have values equal to their face amounts.Ignore interest in your calculations. Round the gross profit to three decimal places before converting to a percentage. For example: .48245 would be rounded to .482 and converted to 48.2%.If required, round final answers to the nearest dollar.a. In 2017, George borrowed $40,000 from the bank. The loan was partially secured by the installment notes, but George was personally liable for the loan.Borrowing using the installment notes as security for the debt ( is/is not) a disposition; therefore, the installment sale gain (is/is not )accelerated.b. In 2017, George gave to his daughter the right to collect all future payments on the installment obligations. George must recognize a $$$$ gain at the time of the gift.c. On December 31, 2017, George received the payment due on January 1, 2018. On December 15, 2018, George died, and the remaining installment obligation was transferred to his estate. The estate collected the amount due on January 1, 2019.George must report a $$$ gain in 2017. The transfer of the installment obligations to George's estate a taxable event.