Under the historical cost principle the cost of land would be recorded at: <u>d. $410,000
</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Purchase cost of land = $350,000
Brokers commission = $25,000
Cost for demolishing old building = $35,000
Principle cost of land = ?
Principle cost of land= Purchase cost of land+ Brokers commission+ Cost for demolishing old building
= $350,000+$25,000+$35,000
= $410,000
Principle cost of land= $410,000
The correct option is <u>d.$410,000</u>.
Answer:
E) theme/festival center.
Explanation:
A theme or festival center is basically a shopping mall or strip mall that focuses primarily on tourists. It combines shopping, entertainment, dining and sometimes even architectural themes. My favorite example is the Lincoln Road Mall in South Beach which has bars, stores, restaurants, etc. And most importantly, I lived there for a couple of years. It was great until European tourists flooded it during August and September, the rest of the year is a really fine place.
Answer:
The statement of shareholders' equity
Explanation:
The statement of shareholders' equity is a financial document a company issues as part of its balance sheet. It highlights the changes in value to stockholders' or shareholders' equity, or ownership interest in a company, from the beginning of a given accounting period to the end of that period. Typically, the statement of shareholders' equity measures changes from the beginning of the year through the end of the year.
Explanation: If a claimant's traditional unemployment benefits have been exhausted or a traditional claim has expired, individuals must file a new claim or reopen an existing claim to be determined for eligibility or to continue receiving benefits to which they may be entitled.
<u>Answer:</u>
1. venture capital : F. a pooled investment vehicle that primarily invests the capital of third-party investors in enterprises that are too risky for the standard capital markets
2. Venture capital fund
:J. Money used to support new or unusual undertakings.
3. venture capitalist
: E. one who provides capital, usually in cash- in exchange for shares in a company- for high-risk investments.
4. startup company :B. a business with a limited operating history
5. projected income statement
: I. May also refer to an annual projection of income and expenses for a company
6. reserve capital
:H. refers to the means by which cash will be acquired to cover future expenses
7. financial plan
:D. one way to figure out the cost of starting a business
8. financial forecast :A. Money put aside for unexpected expenses or events
9. finance plan
: C. A type of budget for spending and saying future income
10. interviews: G. An estimate of one's income