You got to add building cost with your additional money: 113,000 + 26,000 = 139,000. Then the difference between the selling price and the "final" cost of your building equals your capital gain: 212,000 - 139,000 = 73,000 Capital Gain. So it's C! (---HINT---: Remember that this is calculated theoretically, but practically you need a calculate the appreciation or depreciation of the property!)
I hope it helped you!
Answer:
a.In normal costing, actual overhead costs always enter the work-in-process account
Explanation:
As we use an applied overhead rate this will most probably be diferent than actual overhead as it is calculated based on expected overhead cost and expected cost driver amount.
Therefore, difference will arise and there will be under or overapplication of facotry overhead.
The poor country has an absolute advantage in the production of quinoa.
<h3>What is absolute advantage?</h3>
A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries who produce the good.
For example, if a country produces 97% of a good, it means it produces majority of the good. This indicates that the country has absolute advantage in the production of the good.
To learn more about absolute advantage, please check: brainly.com/question/25812820
Answer:
ok so i think that # 1 is A and # 2 is D
Answer:
Impact of $2,000 sale on accounting equation is as follow:
Accounting Equation
Asset = Equity + Liabilities
Cash+2000 Sales+2,000 No Effect
As cash an asset for the business, so the receipt will increase the balance of assets of the company. The revenue is ultimately adjusted to equity in the form of net income after deducting all the expenses. This transaction will result in increase of equity balance by the sale amount.
Explanation:
The Following journal Entry will support my answer:
Sales amount = 2,000
As this transaction is made on cash basis the following Journal entry will be recorded for this event.
Dr. Cr.
Cash $2,000
Sales $2,000
