<span>The correct option is A. Down payment is defined as the initial payment that is usually made to the seller when goods are bought on credit. Down payment is an indication that the buyer meant to buy the goods and that he will complete the payment later. Down payment are usually a certain percentage of the worth of the goods that are to be bought.</span>
The answer to your question is D
When comparing a retail business to a service business, the financial statement that changes the most is the b.balance sheet.
The income declaration, stability sheet, and declaration of cash flows are required financial statements. These 3 statements are informative gear that buyers can use to analyze an employer's economic electricity and provide a brief photograph of an organization's economic health and underlying value.
Monetary statements are formal information on the economic activities and position of an enterprise, individual, or other entity. Applicable financial facts are presented in a structured way and in a shape that is simple to recognize.
Economic statements are written records that convey the commercial enterprise sports and the financial performance of an organization. Monetary statements are regularly audited by using authority groups, accountants, corporations, and so forth. to ensure accuracy and for tax, financing, or making investment purposes.
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Answer:
80 miles
Explanation:
Data provided in the question:
Rental of the first agency = $36.95 + 36 cents per mile
or
= $36.95 + $0.36 per mile [as $1 = 100 cents ]
Rental of the second agency = $44.95 + 26 cents per mile
or
= $44.95 + $0.26 per mile
now,
let the mileage be 'x' miles
therefore,
the cost for the first agency will be = $36.95 + ( 0.36 × x ) ............(a)
and,
the cost for the second agency will be = $44.95 + ( $0.26 × x ) ........(b)
for the equal mileage, equating (a) and (b)
$36.95 + ( 0.36 × x ) = $44.95 + ( $0.26 × x )
or
( $0.36 - $0.26 ) × x = $44.95 - $36.95
or
0.1x = 8
or
x = 80 miles
Answer:
Land 373,500
Building 1,100,000
<u />
land improvements 67,000
Fence 55,000
Sign 12,000
Explanation:
Land cost:
cash 160,000
note payable 145,000
delinquent property tax 4,000
insurance costing 1,500
level the land 3,000
soil <u> 60,000</u>
Total land: 373,500
The land will be recorded for all the cost necessary to get it ready for use.
The soil, once added can't be differentiate from the original land. It is added to the land is not an improvement.
The office building will be for 1,100,000
land improvements will be the fence and signs:
fence 55,000
sign <u> 12,000 </u>
total 67,000
