Answer:
$47840 should be recorded as the cost of the land.
Explanation:
The cost of the land will be=(Price paid for the land+Cost of old building removed+Closing costs)
=($33,100.+$3,330+$11,410)
=$47840
$47840 should be recorded as the cost of the land.
Answer:
i Think the answer is A
Explanation:
it could be A because the college students want to reduce the detergent and want to try to response to the higher prices
Answer:
The correct answer is (B) Income Summary
Explanation:
The income summary is a procedure that allows us to glimpse, globally, all the entries that existed in a period. It provides very valuable generalized information, which lets you know how business, work or some investment is going.
To ensure that our results are accurate, we must close all income and expense accounts, and take stock to obtain our conclusions. If the results have not been favorable, we must make the necessary adjustments so that in the next income summary we can obtain better results.
Answer:
The answer is C. statement of retained earnings
Explanation:
The level of saving is important for long-run growth.