Answer:
The amounts to be recorded for the building and for Forman's Capital account are $80,000 and $60,000 respectively
Explanation:
According to the accounting principles, the fixed assets should be recorded at cost or market value whichever is lower
So, in the question, it is mentioned that the building has a market value of $80,000 so by $80,000 the building is recorded.
And, for the Forman's Capital account, the $60,000 should be recorded because we have to deduct the $20,000 building mortgage from the market value of the building so that the accurate value can be come.
Please find the graph file in the attachment and find its complete solution.
- A cup of coffee and drinking at Star Bucks is the process selected here, the customer, the cashier, and the barista are the actors in this scenario.
- This process begins if the client enters the barista and commands ventilated<em><u> coffee and Blueberry muffins</u></em>.
- The barista then registered in the cash register the order, the customer then drove to the window, filled the barista with a cafe called Venti cup of coffee, put the lid in it, and took the blue bear muffin out of the pastry, and put it in a bag.
- Barista gave the customer the bag with coffee and pastry, in this, the customer had the option of paying the gift by <u><em>cash, credit, or star bucks.</em></u>
- The<em><u> gift card payment customer</u></em> with the <u><em>barista registered</em></u> the payout and sent the card to a customer together with receiving it.
Learn more:
brainly.com/question/15185517
Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs and stored them out of season. The excess production is buffer stock.
Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
Learn more about demand here:brainly.com/question/1245771
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