Answer: $81,060 in August and $80,850 in September
Explanation: Please find attached a table.
August 86,800 17,360 38,500 25,200 81,060
September 91,000 18,200 43,400 19,250 80,850
Exchanging things of value is what consideration is in a contract.
Answer:
false
Explanation:
there is always change in equilibrium any time demand or supply changes.
Answer:
A. capitalize capitalize
Explanation:
All the expenses incurred to make the asset usable are capitalized and those expenses become the part of cost of that assets for which that are incurred. Interest on debt to purchase an asset and in case to construct the asset both are capitalized, because these expenses are essential to make assets usable for the business.
<u>Solution and Explanation:</u>
A Balance Sheet is as follows:
Assets
Current assets
Cash 11000
Trading securities 6000
Accounts receivable (net) 24000
Inventory 30000
Prepaid expense 2000
The Total current assets 73000
The Long term investment
Land held for future business site 18000
The Total investment 18000
Property,plant and equipment
Equipment 25000
Less: the Accumulated depreciation
on equipment and furniture -15000
Total property,plant and equipment 10000
Intangible assets
Patent 4000
The Total intangible assets 4000
The Total Assets 105000