Answer:
Land $210,000 (debit)
Land Improvements $42,000 (debit)
Building $ 168,000 (debit)
Cash $ 420,000 (credit)
Explanation:
Recognise the Assets Purchased separately at their appraised amounts to reflect inflow of economic benefits and de-recognise the Asset Cash to reflect outflow of economic benefits.
The answer choice which represents a bait-and-switch scam is Choice B; Mike decides to complain to the Better Business Bureau after a store advertises “everything in this store is $5 or less” but discovers the store charges a $2 fee for credit card purchases under $66.
<h3>Which is an evidence against a bait-and-switch scam?</h3>
Bait and switch is a morally suspect sales tactic that lures customers in with specific claims about the quality or low prices on items that turn out to be unavailable in order to upsell them on a similar, pricier item. It is simply considered a form of retail sales fraud, though it takes place in other contexts.
Read more on bait-and-switch;
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The Millennial generation as they emphasize corporate social responsibility.
Answer:
Legally sufficient.
Explanation:
The answer is that to constitute consideration, the value of whatever being exchanged must be legally sufficient because this means that consideration must be enough in the terms of the law like comitting to do something that you are otherwise not obligated to do.
Answer:
e. net worth.
Explanation:
According to my research on different financial assets held by firms, I can say that based on the information provided within the question these are all referred to as the firm's net cash. This is also known as the Common Stockholders' Equity which is formally defined as the company's share capital and retained earnings minus its treasury stock.
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