Answer:
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
Being the cost of construction of plant building
Explanation:
<em>According to International Accounting Standards (IAS) 16, property plants and equipment, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>
The total cost of the plant = 451,000 + 31,900 + 47,156 + 1,349,900 + 85210
= $1,965,166
The journal entry
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
<em>Being the cost of construction of plant building</em>
Answer:
Probability that the person selected will be one who invests in municipal bonds but not in oil stocks is 
Explanation:
Given : Total no of people in the group = 2500
Investors of municipal bonds = 35% i.e .35 × 2500 = 875
Investors of both municipal bonds and oil stocks
= 7% i.e .07 × 2500
= 175
Hence, the investors who have invested in municipal bonds but not oil stocks = 875 - 175 = 700 investors
Probability that the person being selected will be one who invests in municipal bonds but not in oil stocks = 
= 
=
Answer:
1. $8,000
2. $20,000
3. $16,000
Explanation:
The computation is shown below using the double-declining balance method:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 6
= 0.16667
Now the rate is double So, 0.3333%
In year 1, the original cost is $36,000, so the depreciation is $12,000 after applying the 33.33% depreciation rate
And, in year 2, the ($36,000 - $12,000) × 33.33% = $8,000
1. So the depreciation expense is $8,000
2. Accumulated depreciation is
= $12,000 + $8,000
= $20,000
3. And, the book value is
= $36,000 - $20,000
= $16,000
The answer would be, higher prices and fewer goods.
Answer: II and III
Explanation:
From the question, we are informed that a customer has a fully paid options position and is long marginable stock and that subsequently he receives a margin call on his long stock position.
The statements that are true are that the customer cannot borrow against the long options contracts to satisfy the margin call and the long option contracts have a loan value of 0%.
Therefore, option C is the right answer.
