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krok68 [10]
3 years ago
7

Can someone plz answer I got a bunch of work to do and if I don't finish I'll fail my freshman yr

Business
1 answer:
Assoli18 [71]3 years ago
3 0
Wow, That's tough..... I'll help. 1, A. Income.  2, D. Soil.  3, D. Resources. I hope this helped. :)
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1-a. Allocate the lump-sum purchase price to the separate assets purchased. 1-b. Prepare the journal entry to record the purchas
marin [14]

Answer:

1. a. Allocated prices

First add the market values = 444,150 + 255,150 + 56,700 + 189,000 = $945,0

00

Building allocated price                                     Land allocated price

= 444,150/ 945,000 * 830,000                        = 255,150/945,000 * 830,000

= $‭390,100‬                                                           = $224,100

Land improvement allocated price                  Four vehicles allocate price

= 56,700/945,000 * 830,000                          = 189,000/945,000 * 830,000

= $49,800                                                        = $166,000

b. Journal entry

Date                 Account Details                             Debit                   Credit

Jan. 1, 2017      Building                                       $390,100

                        Land                                            $224,100

                        Land improvement                     $49,800

                        Vehicles                                      $166,000

                        Cash                                                                         $830,000

2. Depreciation on building using straight-line method.

= (390,100 - 28,000) / 15

= $‭24,140‬

3. Depreciation on land improvements using double declining method.

First do straight line:

= 49,800/ 5 years

= $9,960

Straight line rate of depreciation = 9,960/49,800 = 20%

Double declining will be twice that rate = 40%

Depreciation = 40% * 49,800

= $‭19,920‬

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For safety's sake industrial screwdriver blades are made of
Bad White [126]
They are made out of industrial screwdriver blades and they have screws in them that help them seal up things that are broken 
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When attracting new clients, which of the following is the most effective way for a trainer to find new prospects? Post on socia
erik [133]

Option 4. When attracting new clients the most effective way would be to Get referrals from clients.

<h3>How does referrals help to get client?</h3>

The people that have been able to get an efficient service from you would have to put in word to others.

This would help to convince these people to make use of the service of the trainer.

Read more on client prospects here:

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When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the fi
vladimir2022 [97]

Answer:

When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the first year usually is determined by measuring Costs incurred in the first year, divided by estimated total costs for the completed project

Explanation:

The percentage of completion method of revenue recognition is a concept in accounting that refers to a method by which a business recognizes revenue on an ongoing basis depending on the stages of a project’s completion.

In other words, the percentage of completion method is used for longer-term projects and recognizes revenue and expenses as a percentage of the project’s completion during the period.

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3 years ago
What are the frist 10 amendments called
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<span>The first 10 amendments of the United States Constitution are called the "Bill of Rights," these amendments were ratified on December 15, 1791. </span>
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