Bram buys a bulldozer from construction equipment corporation, which he leases to earth movers, inc. in this situation, the lessee is Earth Movers, Inc. <span>A </span>lessee is the person who rents land or property from a lessor. A lessor on the other hand is <span>A </span><span>lessor </span><span>is </span>the party who rents property to another party<span>. Bram is the lessor in this situation.</span>
for a business to be viable,it must make a good or proper sales
The answer is withdrawal response. The withdrawal reflex is a spinal reflex expected to shield the body from harming jolts. A withdrawal reflex is interceded by a polysynaptic reflex bringing about the incitement of many engine neurons so as to give a fast reaction.
Answer:
a)400
b)300
c)50
d)4
Explanation:
the picture attached below shows the full solution
Answer:Please refer to the explanation section
Explanation:
The questions is incomplete, the events that were experienced by the company during the two year are missing in the question. we will assume these events took place in order to illustrate through journal entries how transactions and events affect the account balances mentioned in the question.
1. Knoll Company issued 100 shares at a price of $5 per share.
2. Knoll Company purchased supplies costing $250 cash
3 Knoll Company Purchased inventory costing $ 600 cash
journal entries
Dr Bank 500
Cr Shareholders equity 500
Dr Supplies 250
Cr Bank 250
Dr Inventory 300
Cr Bank 300
Balances at the end of year 2
Cash Account = 500 + 500 - 250 - 300 = $450
Supplies = 500 + 250 = $750
Equity = 1000 + 500 = $1500