Answer:
2. The $25,000 cost of the truck and 3. The $2,000 paid to install shelves inside the truck4.
Explanation:
The cost to be capitalized are those necessary to being the assets to a state and place where it becomes available for use.
This cost includes the $25,000 cost of the truck and $2,000 paid to install shelves inside the truck.
Other costs such as $50 a week for gas to run the truck and $500 for insurance on the truck for the next 12 months are to be expensed.
Answer: the answer is a because i just fell
Explanation:
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Answer:
A Wholesaler and Retailers
A. Various types of services Ajay is providing to the retailers are:
1. Procuring variety of papers from different manufacturers.
2. Undertaking advertisement and other sales promotional activities to the benefit of retailers.
3. Extending credit sales to retailers.
4. Providing marketing guidance to retailers.
B. Two services that Ajay is extending to the manufacturers as well are:
1. Providing wider market for manufacturers by purchasing in bulk.
2. Helps the manufacturers to distribute their goods.
Explanation:
As a wholesaler, the business acts as the middleman between the paper manufacturers and the retailers. The wholesaler purchases paper in bulk from the manufacturers, thereby encouraging them to produce more. He enables retailers, who are at the grassroots, to gain access to a variety of the manufacturers' products at small quantities. He also helps in the distribution of goods.
Answer:
Dr Earnings contingency liability $800,000
Cr Goodwill $800,000
Explanation:
Based on the information given the appropiate journal entry to record the new information includes a credit of $800,000 to:Dr Earnings contingency liability $800,000 and Cr Goodwill $800,000 reason been that the acquisition cost is lesser.
Dr Earnings contingency liability $800,000
Cr Goodwill $800,000
Based on the various costs incurred by the three roommates, the monthly cost of the apartment is <u>$1,410.</u>
<h3>What is the most cost of the apartment?</h3>
The monthly cost of the apartment are all costs that relate to maintaining it and providing services to it.
This can be found as:
= Monthly rent + Monthly utilities + Internet service + cleaning fees
= 1,050 + 150 + 120 + 90
= $1,410
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