You have not suggested a list considering your question asks "..following businesses..."
Answer:
Lowland, Inc., entry to record this conversion includes a
Dr Bonds Payable $900,000
Cr Common Stock $540,000
( 90,000 shares x $6 par value per share)
Cr Paid-In Capital in Excess of Par Value $360,000
($900,000 -$540,000)
Explanation:
Since Lowland, Inc. converted its $900,000 par value bonds and carrying value also $900,000) into 90,000 shares of $6 par value common stock which means we have to Debit Bonds Payable with $900,000 and Credit Common Stock with $540,000 which is
( 90,000 shares x $6 par value per share) , then Credit Paid-In Capital in Excess of Par Value for $360,000 which is ( value of bonds converted of $900,000 - par value of shares of common stock issued of $540,000).
Answer:
Missing word "b. What are some of the product costs versus period costs? c. What are the direct materials, direct labor, manufacturing overhead costs?"
a. The variable cost of making/production of a coffee will include direct material like coffee seeds or bean and seasoned labor wages required to farm coffee. The fixed costs will include cost like salary cost of permanent employees like supervisors. Mixed cost will include costs of operating a tractor in farm on rent, where rent would be a fixed cost and cost of running it from petrol or diesel would be a variable cost.
b. Example of period cost can be rent of equipments taken on rent or depreciation on own equipments used for coffee production purpose while product costs can be direct material and direct labor
c. Direct material cost would be coffee beans and seeds,wages of direct labor would be season labor employed and variable overhead would be transportation expenses to carry coffee
Answer:
<em>2. an easement appurtenant
</em>
Explanation:
An appurtenant for easement is <em>an area of land which favors one piece of land, known as the dominant tenement, to the disadvantage of another piece of land, known as the Servient tenement.</em>
Wayne's land is subject to an easement.
Appurtenant Easements are attached to the property and are automatically transferred when the servient or dominant tenement is sold to a new owner.
