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qaws [65]
3 years ago
14

A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the

Business
1 answer:
Artemon [7]3 years ago
4 0

Answer:

+$183,000

$0

+$183,000

Explanation:

Total assets increased by ($298,000 - $115,000) $183,000.

Total liabilities has no change

Total shareholder equity increased by ($298,000 - $115,000) $183,000.

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Answer:

A business invitee

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Commercial property or premises refers to land or building designated for business transactions such as a retail store or a restaurant. In law, customers are business invitees. The assumption is that customers enter commercial premises to do business with the business owner.

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Fill in the blank with one of the following words: bacteria, fungi, parasites, viruses.
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agasfer [191]

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Answer:

Explanation:

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