Answer:
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Explanation:
Step 1 of 2
Calculate the amount of factoring fee.
Factoring fee = 5% ×Account Receivable
=5%×$75,000
=$3,750
Step 2 of 2. Journey record. Image attached.
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Answer:
According to Colorado Real Estate Commission Rule E-4 and E-5, copies that are exceptions to the rule include; notes, mortgages, deeds and trust deeds.
Furthermore, settlement sheets, listings, and any other document that it is required for the parties to impend their signatures, have to be retained for a period of four years even after closing a transaction or a contract.
Explanation:
Answer:
Hero
Explanation:
Hero -
It refers to a person can be male as well as a female , who is admired for his or her noble and courageous activity , is referred to as a hero .
Many people makes the hero his or her ideal an tries to follow the lifestyle , character , behavior and nature , and tries to copy him .
Hence , from the given scenario of the question ,
The correct answer is hero .
Answer:
True
Explanation:
The salary is paid to employees which means that the benefits that the employee receives by delivering its services is labor cost to the company. The company pays its employees to receive the desired services that the employee is willing to deliver its employer.
Answer:
$335000 and $1425000
Explanation:
The values given are:
-Demolition of old building=$ 20,000
-Architect's fees=$35,000
-Legal fees for title investigation and purchase contract=$5,000
-Construction costs=$1,390,000
-Salvaged materials resulting from demolition=$10,000
-Cost of factory site= $320000
Therefore,
1) The cost of land is:
$320000+$5000+$20000-$10000
= $335000
2) The cost of the new building is:
$35000+$1390000
= $1425000
Thus, the cost of the land and new building is $335000 and $1425000 respectively.
