Answer:
Cost of the building = $235000
Explanation:
Given below are the following informations:
Purchased building = $200000
Title fees = $20000
Building modification = $15000
Cost of the building = Purchase price + title fees + modification expense
Cost of the building = 200000 + 20000 + 15000
Cost of the building = $235000
A crime that occurs the virtual community of the internet
Answer:
Relationships.
Explanation:
We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.
Answer:
C. LIFO liquidation
Explanation:
Benson Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. In its footnotes, Benson Company is required to report the amount at which inventories would have been reported under FIFO method.
The difference between these two numbers is commonly referred to as LIFO Reserve.
LIFO reserve represents the difference in ending inventory using LIFO and ending inventory if FIFO were employed instead.
Third option is the correct option.
LIFO reserve = FIFO inventory cost - LIFO inventory cost
FIFO inventory cost = LIFO inventory cost + LIFO reserve
