A Trust Has Net Accounting Income of $15,000

question 66

Multiple Choice

A trust has net accounting income of $15,000. In addition, the trust has a $10,000 capital gain, which is not included in net accounting income. The trust is required to distribute the trust income to the beneficiary. The beneficiary will receive

• A)$10,000.
• B)$15,000.
• C)$24,700.
• D)$25,000.

---

Definitions:

Main Uses Of Freshwater

Primary purposes include drinking, irrigation, sanitation, and industrial processes, highlighting the essential nature of freshwater for life and society.

Water Available For Use

The quantity of water that is accessible for specific uses, such as agriculture, industry, and domestic purposes.

Usable Water

Water that is safe and suitable for human use, including drinking, cooking, and bathing.

Desalination

The process of removing salt and other minerals from seawater to make it suitable for drinking and irrigation.