Answer:
B) The building account increases by $370,000.
Explanation:
Since the per share value is $35
Also the 10,000 shares are issued at $10 and pays $20,000 in exchange of building
So the building account would be increased by
= 10,000 shares × $35 + $20,000
= $350,000 + $20,000
= $370,000
hence, the correct option is B.
The monthly depreciation will be $8000.
In accountancy, depreciation refers to two components of the equal idea: first, the real lower of fair fee of an asset, which include the lower in value of manufacturing unit gadget each year as it's far used .
Depreciation is used on a profits declaration for almost every enterprise. it is indexed as a cost, and so should be used every time an object is calculated for year-end tax purposes or to determine the validity of the item for liquidation purposes.
Annual depreciation is not taken into consideration as an asset because assets constitute something in order to produce financial cost to the organization during the last. And accumulated depreciation does now not produce the enterprise's financial fee as amassed depreciation itself shows the credit score stability.
Annual depreciation as per straight line method = ( 104,000 - $8,000) /10
Annual depreciation as per straight - line method = $96,000/10
Annual depreciation as per straight line method = $9600
∴ monthly depreciation as per straight line = $96000 * 1/12
= $8000
Learn more about depreciation here :- brainly.com/question/25785586
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<span>An entrepreneur does not have to share any profits with an employer would be an example of the Economic incentive.
In general, many corporations set up a regulation for its employees who want to open up a business, in which that they're allowed to do it under their employmment as long as they share a percentage of the profit for the company. If this regulations are gone, the entrepreneur would obtain more profit.</span>
Answer:
B is the correct option
Explanation:
On August 31 2017,which is the expiration date of the loan of $124,000,the actual loan amount needs to be paid alongside total interest due on the loan.
However,on 31st December,four month period interest would have been calculated debited to interest expense and credited to interest payable i.e$124000*6%*4/12=$2480
On 31st the balance of interest needs to be calculated as:$124,000*6%*8/12=$4,960
Hence the correct option should the following entries:
Dr Notes payable $124,000
Dr interest payable $2480
Dr interest expense $4,960
Cr cash $131440
Answer:
The opportunity cost of buying 1 more dress is 2 pairs of shoes
Explanation:
In the graph attached to this question below, it is seen that when Denasia purchases 3 dresses, he has 4 pairs of shoes. Now if he wants to purchase 1 more dress, he has to sacrifice 2 pairs of shoes.
Thus, the opportunity cost of buying 1 more dress is 2 pairs of shoes.
Note: Kindly find an attached image of the graph as a part of the solution to the question below.