Answer:
Land 90,000 debit
Building 270,000 debit
Cash 360,000 credit
--to record the purchase of land and a building atached to the ground--
Explanation:
To know the values we will calcualte the weights of each concept according to their fair values.
Then, we multiply these weight by the actual amount at which we purchased.
Land 100,000
Building <u> 300,000 </u>
Total 400,000
land weight: 100,000/400,000 = 25%
buidling weight: 300,000 / 400,000 = 75%
land enter the accounting as 25% of 360,000 = 90,000
building will we posted as 75% of 360,000 = 270,000
Answer:
Option E
Explanation:
In simple words, return on investment refers to the amount of income or profit that an organisation generates with its given level of resources. Such resources include all the assets such as machinery, equipment and human resources of the company.
This measure gives a sign if the different sections of the company are working efficiently or not. It is a quantitative measure therefore, it also depicts if the amount generated is enough or not. Thus, we can conclude that all the options are correct.
Answer:
the relationship between current assets and current liabilities
Explanation:
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Idk idk idk idk idk idk im sorry btw its just for the starting thing
