1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex_Xolod [135]
3 years ago
9

On July 1, 2021, Larkin Co. purchased a $460,000 tract of land that is intended to be the site of a new office complex. Larkin i

ncurred additional costs and realized salvage proceeds during 2021 as follows: Demolition of existing building on site $ 71,000 Legal and other fees to close escrow 12,900 Proceeds from sale of demolition scrap 8,600 What would be the balance in the land account as of December 31, 2021
Business
1 answer:
vova2212 [387]3 years ago
3 0

Answer:

$75,300

Explanation:

The computation of the balance in the land is shown below;

Purchase cost

$460,000

Add:

Demolition of existing building on site

$71,000

Add:

Legal and other fees to close escrow

$12,900

Less:

Proceeds from the sale of demolition scrap

($8,600)

Balance in the land

$75,300

Therefore, balance in the land account as of December 31, 2021 is $75,300

You might be interested in
"Phillips and Sanchez is a retailer that operates a national chain of home furnishings stores. It has designed a website and a s
Annette [7]

Answer:

Omnichannel strategy

Explanation:

Omnichannel strategy -

It is the strategy adapted by an organisation in order to enhance the experience of the user .

It is a cross - channel content strategy .

The resources of these , Omnichannel strategy , are are orchestrated  and designed to cooperate .

This approach or strategy is used in many industries , like ,telecommunications ,  retail , government , healthcare and financial services .

Hence , the example given in the question , is of  a Omnichannel strategy .

7 0
3 years ago
What do you think is the most important skill a judge can possess
Airida [17]

Answer:

The decision making skill because it's hard for a judge to make the right decision.

4 0
3 years ago
a client who has cancer and is receiving TPN. Which of the following lab indicate the treatment is effective_____________.
lubasha [3.4K]

Answer:

A client who has cancer and is receiving TPN. The following lab findings indicate the treatment is effective:

  • Prealbumin 30 mg/dL

Explanation:

  • TPN stands for total parental nutrition. It is a method of giving nutrition to a person in which nutrients are given to the vein in order to bypass the gastrointestinal tract because that person is unable to take food through mouth.
  • The prealbumin blood test is used to check that a person is getting required amount of nutrients and the normal test indicates that prealbumin is 30 mg/dL so that's why the lab finding indicates that the treatment is effective.

5 0
3 years ago
Suppose that the demand for my new book, Spatulas From Around the World, is such that the demand curve lies everywhere below the
dsp73

Answer:

C. Shut down the presses printing my book

Explanation:

Since the average variable cost of producing the book is above the demand curve, the best course of action is to shut down the printing (production) of more books. The author would lose less money by shutting down operations rather than continuing production at a variable cost higher than the demand he's receiving for the books.

In economics, when profit is less than the average variable cost, firms are advised to stop production in the short run and incur economic loss on fixed inputs. This is because with continued operations, total revenue would not only be lower than total cost, but rather, would also be less than total variable cost.

8 0
3 years ago
Advances in technology like the creation of cheap, lightweight laptops has allowed workers to work from almost anywhere. Please
andriy [413]

Answer:

Got this from the same website you used

Explanation:

Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.

5 0
2 years ago
Other questions:
  • If the donor dies in the year in which a gift is made, the gift tax return
    9·1 answer
  • The High Towers Center is a 300-room hotel that was built ten years ago for a total project cost of $24,000,000. The market valu
    10·1 answer
  • Eukaryotic cells are continually taking up materials from the extracellular space by the process of endocytosis. One type of end
    11·1 answer
  • When representing the seller, which duties does a real estate licensee owe to an unrepresented buyer? Honest dealing and disclos
    7·1 answer
  • A _________________ form is a document that is used to ensure that employees are aware of the fact that their use of company equ
    13·1 answer
  • While it is often sufficient to rely on informal methods of estimating the market value of real estate assets, the complexity an
    15·2 answers
  • During December, Far West Services makes a $1,600 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
    15·1 answer
  • the benefit of ________ is that complex tasks can be parceled out to specialists, improving productivity, which results in great
    11·1 answer
  • Which of the following factors are considered when calculating GDP? I. Goods produced within a country by citizens of that count
    14·1 answer
  • What are the main attractions and limitations of the comparator approach in valuation?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!