Answer:
Land $210,000 (debit)
Land Improvements $42,000 (debit)
Building $ 168,000 (debit)
Cash $ 420,000 (credit)
Explanation:
Recognise the Assets Purchased separately at their appraised amounts to reflect inflow of economic benefits and de-recognise the Asset Cash to reflect outflow of economic benefits.
Answer:
The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.
Explanation:
that should help
Answer:
Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server is the property of the company and is not private. Supervisors and managers shall have the right to review such e-mails. Inasmuch as the company is liable for e-mail content, it reserves the right to review it." The policy:
This is just a means of having a copy-write of company's email, it is the responsibility of the company to be liable for any discredit that comes with it
Explanation:
Answer: Last winter, the company’s research team members visited Japan. They were eager to explore ancient Japanese techniques for preserving documents. After visiting many places, the team found some fine examples of wax-coated scrolls in a library in Osaka. However, they couldn’t find the famous silk films that they wanted to see. Disappointed, they returned to Chicago .
Answer:
Total taxable income = $245,000
Total Tax = $84430
Explanation:
given data
11% of first = $40,000 profits
22% of next = $26,000
39% of next = $29,000
42% of over = $95,000
gross revenues = $380,000
total costs = $120,000
allowable tax deductions = $15,000
to find out
taxable income for the first year and how much should the company expect to pay in taxes
solution
we get here first Total taxable income that is
Total taxable income = Total revenue - (Total cost + Tax deductions ) .......................1
put here value we get
Total taxable income = $380,000 - ($120,000 + $15,000 )
Total taxable income = $380000 - $135000 = $245,000
so total tax will be
Total Tax = [0.11 × 40000 + 0.22 × 26000 + 0.39 × 29000 + 0.42 × (245000 95000) ]
Total Tax = 4400 + 5720 +11310 +63000
Total Tax = $84430
