Answer:
Total debits balance = 8466
Explanation:
Cash = 480
Account receivable = 570
prepaid insurance = 96
Supplies = 270
Equipment = 4500
Salaries and wages expense = 1900
Rent expense = 650
Total debit balance on the trial balance = 8466 at dec 31,2022 because all above should be debit balance.
A form of verbal contract. There is an agreement between Lee and Gayle; there is an offer, an acceptance of offer and consideration.
Per capita means per person. You would take the total debt and divide by the number of people. That will give you federal debt per capita.
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Answer: $918,000
Explanation: Since Shelton Co is considering building a warehouse on the site because the rental lease is expiring then in evaluating the new project all the relevant cash flows must be considered in the protect evaluation. Market value of the land used for constructing the building is an opportunity cash flow and so must be considered. The Relevant cost of opportunity for land will be its fair value.
Therefore ,the initial cost cost of the warehouse project for the use of this land is $918, 000.
