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mylen [45]
4 years ago
12

Northwest Delivery Company acquired an adjacent lot to construct a new warehouse, paying $75,000 and giving a short-term note fo

r $90,000. Legal fees paid were $2,500, delinquent taxes assumed were $22,400, and fees paid to remove an old building from the land were $14,500. Materials salvaged from the demolition of the building were sold for $7,500. A contractor was paid $660,000 to construct a new warehouse.Required:Determine the cost of the land to be reported on the balance sheet.
Business
1 answer:
Alona [7]4 years ago
4 0

Answer:

d

Explanation:

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3 years ago
When doing research, Economists _______ a. Follow the scientific method: observation, theory, and more observation b. Cannot use
Alisiya [41]

Answer:

d. All of the above

Explanation:

Based on the information provided within the question when doing research all of the answers provided are correct. Any field doing research should follow the scientific method, but Economists cannot use the same experiments as other fields because they have to use the data that the world happens to give them and do not have the ability to make control groups and test different variables on the economy like experiments in the field of Physics and Chemistry can.

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7 0
3 years ago
Question 3 of 10
Varvara68 [4.7K]

Answer:

A. citizens tend to have greater confidence in the economy.

Explanation:

When a nation's standards of financial reporting are transparent and effective, by extension, the citizens tend to have greater confidence in the economy.

This is because when the government are transparent about the financial affairs of the nation, the citizens are confident in the economy

4 0
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MARK AS BRAINLY//
ozzi

Answer:

Consumer Financial Protection Bureau

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