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Murrr4er [49]
3 years ago
5

Grieg Landscaping began construction of a new plant on December 1, 2017. On this date, the company purchased a parcel of land fo

r $139,000 in cash. In addition, it paid $2,000 in surveying costs and $4,000 for a title insurance policy. An old dwelling on the premises was demolished at a cost of $3,000, with $1,000 being received from the sale of materials. Architectural plans were also formalized on December 1, 2017, when the architect was paid $30,000. The necessary building permits costing $3,000 were obtained from the city and paid for on December 1 as well. The excavation work began during the first week in December with payments made to the contractor in 2018 as follows: - March 1 - $240,000 - May 1 - $330,000 - July 1 - $60,000 The building was completed on July 1, 2018. To finance construction of this plant, Grieg borrowed $600,000 from the bank on December 1, 2017. Grieg had no other borrowings. The $600,000 was a 10-year loan bearing interest at 8%. Required: 1. Compute the balance in each of the following accounts at December 31, 2017, and December 31, 2018. (a) Land. (b) Buildings. (c) Interest Expense.

Business
1 answer:
ziro4ka [17]3 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Please write me and one page summary on successful qualities
cupoosta [38]

Answer:

Success cannot be determined by one single level, characteristic or mental attribute. If it were that simple, then everyone could be successful and there could be no use for the piece or thought mapping. Alternatively, success is quite a finely mixed mix of qualities, characteristics, and traits that if balanced in the right combinations can help you achieve the pinnacles of accomplishment.

Charisma is one of the most important traits of a successful individual. the one quality all successful people have is charisma. In order to aspire to such heights, it’s crucial to see why charisma is indeed essential for success. Charisma is not something you can learn somebody and not something someone will only get along this way.

Successful people are attentive. They pay attention to those things that many others are not focusing on. Imagine Warren Buffet buying a particular stock when every other person is selling. To be successful, you have to focus on the details with a keen eye. Stare at those opportunities that every other person is ignoring. The noun here is used in a positive context because it takes fierce passion to succeed. You must want it more than others do.

Another quality successful people have in common is their incredible willpower. It’s a quality that enabled them to successfully reach their goals. These highly successful individual recognize that success comes in all shapes and sizes.

The quality that runs consistent is that every successful person got where they are, by starting where they were. They played the hand that was dealt to them.

8 0
3 years ago
Free enterprise is more likely to be observed in what type of economic system
ZanzabumX [31]
<span>Free enterprise is more likely to be observed in "mixed" economic system.

A mixed economic system refers to a financial framework that highlights qualities of both private enterprise and communism. A mixed economic framework secures private property and permits a level of financial flexibility in the utilization of capital, yet additionally takes into account governments to interfere in economic exercises to accomplish social points. 
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5 0
3 years ago
John sees that his company's quarterly sales and profits are significantly above projections and says, "That's great. Let's keep
bazaltina [42]

Answer:

The appropriate solution will be to "Evaluate performance".

Explanation:

  • The marketing planning phase involves evaluating a global marketplace to create a campaign enough for businesses to expand a marketplace as well as start competing with it.
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3 0
3 years ago
Which of the following is the best example of a​ quota? A. a subsidy granted by the U.S. government to domestic sport utility ve
GREYUIT [131]

Answer:

The correct answer is option D.

Explanation:

A quota is a non-tariff restriction on trade. It is either a quantitative limit or a limit on the monetary value of products that can be traded. It a restriction imposed by the government to protect domestic producers from foreign competition.  

In all the given examples the last one represents a quota. It is a limit on the number of products that can be imported.

7 0
3 years ago
In a Chapter 11 bankruptcy, a class of creditors is considered to have accepted the bankruptcy plan when: Group of answer choice
anygoal [31]

Answer:

In a Chapter 11 bankruptcy, a class of creditors is considered to have accepted the bankruptcy plan when:

one-half of the class in number and two-thirds of the class in dollar amount agree.

Explanation:

In a Chapter 7 bankruptcy, the business assets are liquidated to pay the creditors.  In a Chapter 11 bankruptcy, the business assets are not liquidated.  Instead, the business is refinanced as the assets and debts are reorganized, making it possible for the continued existence of the business.  This is the reason the agreement of the creditors are usually paramount in the decision to undergo a Chapter 11 bankruptcy, unlike a Chapter 7 bankruptcy.

7 0
3 years ago
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