Answer:
Explanation:shdfbddvddvddvdhdhdh
Sales contract is a sales agreement is generally used for the sale of goods that require delivery.<span> In this scenario Thomas signed a sales contract with a firm that supplies bricks for private individuals.</span> At the point when Thomas receives the document of title is the title to goods passed over to Thomas.
<span>Title to goods cannot pass under a contract for sale prior to their identification to the contract.</span>
Answer:
c
Explanation:
you want to produce your product at cheapest price there for you gain most revenue
Answer:
Total expenses = $40,000
Explanation:
Total expenses for the quarterly income statement for the three months can be calculated as follows
Data
Property taxes paid = $120,000
Unanticipated repairs = $20,000
Expenses for quarterly income statement =?
Solution
Total expenses = Property taxes paid + Unanticipated repairs
Total expenses = ($120,000 x 3/12) + ($20,000 x 3/6)
Total expenses = $30,000 + $10,000
Total expenses = $40,000
Total expenses of $40,000 should be included in Barrel's quarterly income statement for the three months ended September 30, 20X7
Answer:
D. $460,500
Explanation:
Given that
Cost of parcel of land = 450000
Legal fees = 3000
Broker's fees = 7500
Therefore,
Amount recorded as cost of parcel of land is
Cost of parcel of land + legal fees + brokers fee
= 450000 + 3000 + 7500
= $460,500
When purchasing land, fees like commissions, legal fees, bank fees, title fees and other expenses added before the land can be used are considered as part of the land's cost. Hence the answer.
