Answer:
Hi!
Explanation:
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Answer:
Option B. Equity Investments is debited for $372,000
Explanation:
The initial journal entry to record the equity Investment will be treated same as purchase of an asset, which means the equity Investment account will be debited with the amount paid and the cash account will be credited with an equal balance.
Dr Equity Investments (6,000 * $62 per share) $372,000
Cr Cash Account $372,000
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Answer:
yes
Explanation:
The way the system works is tricky but the thing to realize is that people can always be deceitful and act different than they are.
1. Carpet installer (amount of <em>carpet.</em>.)
2. Land surveyor ("land boundaries")
3. Tree trimmer (removes dead <u>branches</u>)