Answer:
$11,000
Explanation:
Given that,
Original cost of land to him = $33,000
Number of shares issued = 1,100
Par value of common stock = $10
The plot of land is exchanged for the shares of common stock. Hence, the value of land at the date of the stock issue is determined by multiplying the number of shares issued with the par value of the common stock. So that we can compare the original cost of land and value of stock issued.
Value of the land:
= Number of shares issued × Par value of common stock
= 1,100 × $10
= $11,000
Answer and Explanation:
The classification is as follows:
a. Financing activity inflow of cash
b. INvesting activity outflow of cash
c. Investing activity inflow of cash
d. Financing activity outflow of cash
The inflow of cash shows the positive sign while on the other hand the outflow of cash shows the negative sign
And, the same should be relevant
Answer:
He will not pay any depreciation during October.
Explanation:
Depreciation is charged only on building equipment and machinery. It is not accounted for land as land is an asset whose value does not depreciate over the years.
Depreciation for Building A would be zero for the month of october as depreciation is computed from the first of the month of acquisition to the first of the month of disposition.
The depreciation expense will be computed on 1st of November.
Answer:
A
Explanation:
now am not sure but i think the answer is A
Domino's pizza is classified as convinence products.
<h3>What are continence products?</h3>
Convinence products are products or items consumer buys frequently or consistent and at instant without much effort applied into it or minimum effort.
Therefore, Domino's pizza is classified as convinence products because it does not require much effort to get them and it is frequently purchased by consumers.
Learn more about convinence products here.
brainly.com/question/4414292
