Answer:
When it comes to capitalizing assets, all expenses that relate to the acquisition and installation of the asset will be capitalized.
Land
= Cost of land + razing cost + Legal fees + Title insurance - Salvaged lumber
= 400,000 + 42,000 + 1,850 + 1,500 - 6,300
= $439,050
Building
= Survey cost + Drawn up factory plans + liability insurance + Construction cost + interest cost
= 2,200 + 68,000 + 900 + 2,740,000 + 170,000
= $2,981,100
Answer:
D) deduction from the balance per bank statement
Explanation:
A bank reconciliation statement is a document that matches the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. Reconciling the two accounts helps determine if accounting changes are needed. Bank reconciliations are completed at regular intervals to ensure that the company’s cash records are correct. They also help detect fraud and any cash manipulations.
The answer is b or a but I mean it both means the same thing, if this is on Plato it's a
<span>Constructing each point in many different ways is usually not a good way to make one's main points. This will only confuse the reader and give them the belief that the writer doesn't really have that much evidence to back up their main idea. Using a number of different points, while only stating them in one way makes it easier for the reader to see all the different pieces of evidence and how they fit together.</span>
Jacque Solis will have $37,700 left <span>after paying taxes and penalties from her $58,000 qualified plan
during the said period. </span>A
qualified plan is an employer-sponsored retirement plan that qualifies for
special tax treatment under Section 401(a) of the Internal Revenue Code.
