The answer is may 23 because <span>They will receive a 3% discount if paid within 10 days, and a 1% discount if paid within 20 days. </span>
Your answer is 2730!!!!!!
Answer: LAND 3.227,680
BUILDING 806,920
LAND IMPROVEM 134,000
Explanation:
Land 4 0.8 $ 3.227,680
Building 1 0.2 $ 806,920
5 $ 4.034,600
Land Improvement
Parking Lot $ 88,000
Lanscaping $ 46,000
Total $ 134,000
Computation Of Cost Of Land And Building
Purchase Price $ 4.000,000
Add:
Title Insurance Cost $ 22,000
Legal Fees $ 8,000
State Transfer Fees $ 4,600
Demolition of old building $ 310,000
Land Clearing Expenses $ 85,000
Less: Salvage Material $ -9,000
Total Cost Of Land $ 4.420,600
Answer:
The accountant should debit Supplies Account by 1360 and credit the Supplies Expense account by 1360.
Explanation:
Normally we pass the adjusting entries at the year end and do the reverse and calculate supplies on hand at end and determine the supplies expense at the year end by taking difference of balance in supplies account and the supplies on hand.
In this case we are doing the reverse as we are taking the balance of supplies expense account and the supplies on hand and calculate the difference. The difference is the actual supplies that have been used. The supplies on hand are an asset and should be debited to supplies account and the expense is overstated by the same amount of 1360 and should be reduced so it is credited.
Answer and Explanation:
The classification is as follows
1. The bob is employed as he is an old professor
2. Cho is unemployed as she is laid off and she is trying to find any kind of job
3. Eric should not be counted in a labor force as he became so discouraged due to which he gave up for the job searching
4. Lucia is unemployed as she lost her job
5. Eric should not be counted in a labor force as he spent most of his time in gardening and reading
6. Ginny should not be counted in an adult population as she is only 11 years old