A capitalized value of land is the value of the land calculated on Total return per year divided by the interest rate.
The capitalized value of land = Return on land per year ÷ Interest rate
Where Return on land per year = $750
Interest Rate = 7%
The capitalized value of land = $ 750 ÷ 0.07
= $ 10,714.29
Therefore, the capitalized value of land if the interest rate is 7% is $ 10,714.29.
I think it's most likely to be A.
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<span>The transportation service characteristic that refers to the ability of the transportation provider to move freight between a specific origin and a destination is called</span>
accessibility
Answer:
d. the suspense account
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account