<span>According to Ogburn, inventions can include both material technological artifacts which change what sorts of things that can be done and the sets of customs, rules, and conventions that allow those material inventions to be of use to members of society. For example, there were various material technological inventions which made the automobile possible (the internal combustion engine, vulcanized rubber, the universal joint), but in order for the automobile to become integrated into society a number of non-material inventions were also necessary such as road networks, agreed upon rules of the road, licensing regimes, and so on.</span>
Hey according to me c 27 is the answer...
Answer:
$134,000.
Explanation:
According to the rules of GAAP, the asset's value recorded in the books is the cost at which it was acquired. The recorded value becomes the assets book value. For tangible assists such as land, motor vehicles, and buildings, the book value will comprise the actual assets' cost plus all other acquisition related costs such as agents fee and surveys fee.
For easy service repairs, the price it paid was $134,000. It accepted the counteroffer, meaning it paid that amount for the land. No other related costs are mentioned. $134,000 is the book value for the land.
Capital gains representative select industrial
Answer:
The list is follows:
a. Inflation has been abound 2.5% for some time. Village Realtors is considering measuring its land values in inflation-adjusted amounts - Stable-monetary-unit assumption
b. You get an especially good buy on a laptop, paying only $ 300$300 when it normally costs $ 800. What is your accounting value for this laptop? - Historical cost principle
c. Burger King, the restaurant chain, sold a store location to McDonald. How can Burger King determine the sale price of the store long dash—by a professional appraisal, Burger King's original cost, or the amount actually received from the sale? - Historical cost principle
d. General Motors wants to determine which division of the company long dash—Chevrolet or Cadillac long dash—is more profitable - Entity assumption
