Answer:
$163,000
Explanation:
According to the historical cost principle, the value of the fixed assets should be recorded at purchase price or acquired price or historical cost
Since it is given that the seller counter offer is $163,000 and the same is to be recorded in the company books of accounts.
If there is value assessed, or any increment in the value of the land so it would be ignored. It only records the purchase price of the land
Answer:
The most likely outcome would be that Lois will still have to sell Stew the house
Explanation:
The most likely outcome would be that Lois will still have to sell Stew the house. This is mainly because Lois accepted Stew's offer of $100,000 and Stew already fulfilled part of the agreement. By simply paying the $10,000 that he left Stew he has already fulfilled part of his side of the agreement which solidifies the agreement and makes it legally binding. Therefore, he would most likely win a court case if Lois decides to back out of the agreement.
The cost of goods sold in a retail store totaled $325,000. fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $210,000. if the store's contribution margin totaled $590,000, then sales must have been: 1,125,000
Answer:
an price ceiling
atau equilibrium price
I'm sorry ya kalo jawaban nya salah