Answer: Land, $1,600,000
Building, $800,000
Explanation:
To answer this we would have to use a proportionality based allotment using the market values.
For the land,
Land is valued at 2 million out of a total of 3 million so,
= 2/3
It is 2/3 of the total market value of both so it will be 2/3 of the purchase value.
= 2/3 * 2,400,000
= $1,600,000
Land will be recorded at $1,600,000
Using the same method for the Building
Building is valued at 1 million out of a total of 3 million so,
= 1/3
It is 1/3 of the total market value of both so it will be 1/3 of the purchase value.
= 1/3 * 2,400,000
= $800,000
Building will be recorded at $800,000
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Answer:
True
Explanation:
It is true that Social Security benefits are increased each year in proportion to the increase in the CPI, even though most economists believe that the CPI overstates actual inflation because social security is tied with consumer price index.
The professionals who are best equipped for inspecting the facility would have careers in<u> "environmental services."</u>
Environmental services allude to subjective elements of natural non—delivered resources of land, water and air (counting related biological community) and their biota.
There are three essential kinds of environmental services:
(a) transfer administrations which mirror the elements of the common habitat as an absorptive sink for residuals,
(b) productive services which mirror the monetary elements of giving normal asset sources of info and space for generation and utilization, and
(c) consumer or consumption services which accommodate physiological and in addition recreational and related necessities of individuals.
Answer:
⚓
Explanation:
You would use a checking account when you just need quick money from when you are getting paid. You would use a savings account when you have little to no money and you absolutely can't think of another way to get money. Like if you have your own business and your parents are immigrants, and you need to save up money to get them to America. You can open up a savings account so every time you get paid you put a little bit into it.
Answer:
Explanation:C. $1,000 debit to sales revenue
