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Answer:
(B) debits Land and Building and credits Common Stock.
Explanation:
As with the acquisition of land and building, there is an increase in asset called land and building and for this the land and building account will be debited.
Further, after this since the assets are acquired in exchange of common stock, there is issue of common stock, which shall be credited, as increase in common stock is credited.
Therefore, assets land and building will be debited and common stock will be credited.
Answer:
Option (b) 25% muc, 20% musp
Explanation:
Data provided in the question:
Selling cost of manufacturer = $5
Markup by wholesaler = 60%
Amount added by retailer = $2
Now,
Selling cost of wholesaler = $5 × (1 + Markup)
= $5 × (1 + 0.60)
= $8
thus,
Selling price of retailer = $8 + $2 = $10
Therefore,
%muc retailer = [ Amount added by retailer] ÷ [Selling price of wholesaler]
= $2 ÷ $8
= 0.25 or 25%
%musp retailer = [ Amount added by retailer] ÷ [Selling price of retailer]
= $2 ÷ $10
= 0.20 or 20%
Hence,
Option (b) 25% muc, 20% musp
Because she maybe didnt reach all the standards 2 really get all da benifits.
Answer:
The original riddle goes: your stuck in a pich black room no windows no doors and all you have is a price of paper how do u get out. The answer is: rip the paper in half one half plus one half equals one hole so you jump into the whole -.- Reply
Explanation: