Answer:
Part 1
$1,422,940
Part 2
$331,480
Explanation:
cost of the land calculation
Purchase Price $1305000
Cost to tear down building $121000
Sale of Salvages ($8400)
Leagl fees $5340
Total $1,422,940
The cost of the land that should be recorded by Wilson Co. is: $1,422,940
cost of the building calculation
Architect's fees $47000
Insurance $3900
Liability insurance $4200
Excavation cost $15480
city for pavement $9900
Borrowing Costs $251000
Total $331,480
The cost of the building should be recorded by Wilson Co. is $331,480
Answer:yes
Explanation:If you arent sure whether you are to attend the appointment the next day, you should call and confirm with whom ever you are being appointed to.
Answer:
d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.
Explanation:
Mindshare is a term that measures the amount of popularity and consumer awareness in a certain category. To say that Digicon Inc. has a mindshare in the category of digital cameras means that the company sets the bar for the digital cameras market and, therefore, should be seen as the standard that competitors should try to match.
Thus, the answer choice that better fits the description is d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.
Answer:
Debit Accounts Payable $2050; credit Merchandise Inventory $41; credit Cash $2009.
Explanation:
2.700 - 650 = 2,050 net sale
commercial term: 2/10 2% within the first 10 days
payment within discount period:
2,050 x 2% discount = 41
cash disbursement: 2,050 - 41 = 2,009
we will write-off the account payable
we credit cash by the disbusement amount
and credit inventory as his cost decreased.
