<u>Solution and Explanation:</u>
The Journal Entries in the books of Brock's water enterprise is as follows :-
Date Particulars and details Debit($) Credit($)
Jan 5, 2018 Intangible Assets - Lease 905861
Lease Payable 905861
(Being Record the Lease)
Jan 5, 2018 Lease Payable 125000
Cash 125000
(Being Record Down Payment)
Dec 31, 2018 Amortization Expenses ($905861divide 10) 90586
Accumulated Amortization 90586
(Being Record the amortization)
Jan 5, 2019 Lease Payable 
62531
Interest Expenses 
62469
Cash 125000
(Being Record the Second Lease Payment)
Ken, the agent, violated the law of agency
In this particular instance, when Ken told the the buyer that the seller would take a lower price than what was on the listing in order to close the sale faster and then told the buyer exactly which price they should offer, Ken, who is the agent, has now violated the law of agency
Answer:
The correct answer is B.
Explanation:
The fact that Kara has plenty of capital means she most likely would not need financial intervention from any other party.
It is not logical for her to bring in a partner who will share profits when she has invested all the capital. Because she will enjoy all the proceeds from the business alone, she will also bear all liabilities.
Cheers!
Answer:
The correct answer is letter "A": employment-at-will doctrine.
Explanation:
The employment-at-will doctrine is an organizational practice in which employers could terminate labor relationships at any moment with no need for explanations and workers as well could cease the relationship without major reason. This practice aimed to avoid lawsuits between employers and workers.
Answer:
$15,000
Explanation:
In leo company books, the gain recognized would be $75,000 - $60,000 = $15,000 as they are selling the land $15,000 more than it initially cost them
