Answer:
$504,300
Explanation:
The total cost of the land that Shamrock Inc. purchased has to include:
- the actual price paid for the land: $490,000
- legal fees and real estate commissions: $2,600
- taxes due and permits, zoning fees, etc: $5,300
- site preparation (includes land grading): $6,400
The total cost of the land is: $504,300
According to the construction management principle, in each diary kept by the owner/engineer's or contractor's personnel, entries should be made "<u>to document every working day, whether any work is performed or not, or even if you did not go to the project site that day."</u>
<h3>Purpose of Site Diary in Construction Management</h3>
A Site Diary in Construction management is a record book written to document the daily activity of the construction site.
A well-written site dairy is expected to show all the delivered or missing services and materials during the construction projects.
Hence, in this case, it is concluded that the correct answer is option A.
Learn more about Site Diary here: brainly.com/question/1171958
Answer:
B. total revenue will decrease.
Explanation:
The initial revenue for breakfast cereal is given by the product between the price of cereal (P) and the demanded quantity (D):
After a 25% decrease in price and a 20% increase in demand, the new revenue will be:
The new revenue is 90% of the original revenue; therefore, total revenue will decrease.
Answer:
31-Aug-22
Dr Bank Account 60
Cr Interest Received for the month of Aug22 60
31-Aug-22
Dr Sundry Creditors 360
Cr Bank Account 360
31-Aug-22
Dr Bank Charges Dr 105
Cr Bank Account Cr 105
Explanation:
Preparation of the adjusting entries to be made by Sage Hill Inc. at August 31
31-Aug-22
Dr Bank Account 60
Cr Interest Received for the month of Aug22 60
(To record Interest earned)
31-Aug-22
Dr Sundry Creditors 360
Cr Bank Account 360
($400-40)
(To correct error in recording check)
31-Aug-22
Dr Bank Charges Dr 105
Cr Bank Account Cr 105
($65+40)
(To record service charge and safety deposit box fee)
