Answer:1. Cost on warehouse of
$8600
Answer. Debit cost of land
2. Sales of salvage materials of $1700
Answer. Credit cost of land
3. Attorney fee of $1100
Answer Debit cost of land
4.Broker fee of $5000
Answer. Debit cost of land
5. Architect fee $7800
Answer. Debit cost of land
6. Driveway and parking lot
Answer. Debit cost of land.
Explanation:
The cost of property includes the price of purchase and other related tax e.g vat paid on the property, plants or equipment.
The cost of the asset further includes all cost spent to bring it to the desired state of use while subtracting all income earned in the process and this necessitate the treatment of the cost of raising warehouse and salvage materials.
Included in the cost of the asset acquired are the professional fees incurred like the Architecture, Attorney etc. Furthermore the cost included the driveway and parking lots for they are also necessary to make it usable.
Answer:
The result of Marlene hiring an attorney to obtain her return would only be successful if she did not voluntarily give up her right to ownership of the plates and can provide an evidence to that effect
Explanation:
The result of Marlene hiring an attorney to obtain her return would only be successful if M can produce an evidence showing that she did not intentionally dump the plates into the town dump ( i.e. she did not voluntarily give up her right to ownership of the plates ) If not the plates will be transferred to give to Joe under the code name " finders keepers "
A politician should be interested in the proportion of voters in his district.
The answer is true.
Explanation:
This is not only true for politician but also for any job which involves voting.
A person / leader will be recognized, if he
- look into the welfare of the society
- takes measure when problem occurs
- is easily accessible to the public
- lend his ears to the problems
- provides an unbiased approach
- he is interested in doing service
- obeys laws
But it does not mean that, the person who got victory in the election has done good job in the previous service period. There are many factors that decide the polling of vote.
Answer:
each policy will pay $25,000 of the loss
Explanation:
Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.
Answer: Yes
Explanation:
The construction company is entitled to compensation because it has a property right to enter and remove minerals.
The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.
