Answer:
$17,122
Explanation:
As for the details provided it is obvious that Giancarlo will either buy Suzuki XL7 or will continue with the old car.
In case of buying Szuki XL7 he will sell the old car.
And all the amount received from such sale will be utilized in buying the new car.
Initial investment = Net amount to be paid for acquisition, but do not include any future maintenance amount.
The amount shall be:
Negotiated price + Taxes - Amount from sale of old car
= $24,675 + $1,732 - $9,285 = $17,122
Answer:
D: $8,580
Explanation:
Land = $7,400*$ 15,600/13400
= $8,580
Therefore, The amounts would be debited to the Land account is $8,580.
Answer:
Explanation:
The adjusting entries are shown below:
A. Interest expense A/c Dr $370
To Interest Payable $370
(Being accrued interest adjusted)
B. Accounts receivable A/c Dr $1,830
To Service revenue A/c $1,830
(Being unbilled amount recorded)
C. Salary expense A/c Dr $900
To Salary Payable $900
(Being earned salaries are recorded)
The micro marketing of firms that are production oriented USUALLY RESULTS IN A BOOST IN SALES AND PROFITS.
Micro marketing refers to a strategy used by some companies to target a small segment of consumers with specific needs for the products of the company. In micro marketing, all advertisement efforts are targeted at the identified group of consumers. The targeted advertisement usually results in increased sales.
