Beginning balance 10000
Add service on account 50000
Less ending balance 12000
Received from customers
10,000+50,000−12,000=48,000
Hope it helps!
I believe the answer is D. Bank
Answer:
Option (c) is correct.
Explanation:
Labor (Variable input) hired = 151 units
After hiring this much units of labor, a firm incurred:
Marginal cost of hiring (MFC) = $0.30 and marginal product of labor (MRP) = $0.33
The firm continuing hiring new labor until the point at which marginal cost of hiring labor is equal to the marginal product of labor.
In this case, MFC is less than the MRP, so firm should increase the use of labor till the MFC becomes equal to the MRP.
Microeconomics study of particular markets, and segments of the economy. It looks at issues like consumer behavior, individuals labor markets, and film theory. Macroeconomics is the study of the whole economy. It looks at aggregate variables, such as aggregate demand, national output and inflation!!!
Given:
280,000 for the land
110,000 for the old bldg
33,500 to tear down old bldg
47,000 to fill and level the land
1,452,000 new bldg
87,800 for lighting and paving a parking area for the new bldg.
Entries: Debit Credit
Land 470,500
Cash 470,500
(280,000 + 110,000 + 33,500 + 47,000 = 470,500)
Building 1,452,000
Cash 1,452,000
Land Improvement 87,800
Cash 87,800
Expenses incurred in preparing the land for its purpose is classified under the land account. Land does not depreciate because its useful life is unidentified.
Land improvement account is used for expenses incurred to add functionality to the land and these output has useful life and is depreciated.