Answer:
$87,900
Explanation:.
Calculation to List the items and amounts that should be included in the Land account
Purchase price $70,000
Broker’s fees $6,000
Title search and other fees $5,000
Demolition of old building $5,700
Grading $1,200
Land acquisition cost $87,900
($70,000+$6,000+$5,000+$5,700+$1,200)
Therefore the amounts that should be included in the Land account will be $87,900
Answer:
it will take 44.79 months for him to pay off the credit card assuming that he makes no additional charges
Explanation:
NPER(18.5%/12,-230,7400)=44.79 months
Answer: $82,600
Explanation:
Payments on account refer to the Accounts payable that have already been paid off. As they have been paid, they will be removed from the Accounts Payable account.
Formula:
= Accounts Payable beginning balance + Purchases on account - Closing balance on accounts payable
= 22,100 + 90,800 - 30,300
= $82,600
<span>National sales meeting, training meetings, product introductions and dealer/customer meetings. All are meeting that you would be involved if you were in the sales, marketing, advertising or food and beverage fields.</span>