Answer:
The cost recorded for the equipment=$66,500
Explanation:
When dealing with the total cost of an equipment we take the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;
T=P+A
where;
T=total cost
P=purchase cost
A=additional costs(transportation cost+sales tax+installation cost)
In our case;
T=unknown
P=$60,000
A=(1,000+3,000+2,500)=$6,500
replacing;
T=60,000+6,500=66,500
The total cost=$66,500
The cost recorded for the equipment=$66,500
Answer:
The correct word for the blank space is: Shareholders.
Explanation:
A Shareholder is a person company or other entity that owns at least one share of company stock. Another word for <em>shareholder </em>is <em>stockholder</em>. When a shareholder buys a company stock provide them with funds to run and grow a business. The government is in charge of providing regulations to promote a safe environment in the market to promote investments from stockholders.
The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.
<h3>Why did Farmers face an increasing debt load in the late 1800s?</h3>
They were caught between increased costs and falling prices.
<h3>
Why did the Grange movement focus on reducing prices that railroads and grain elevators charged? </h3>
Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.
<h3>
To learn more about sub-treasury system visit:</h3>
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Real estate experts should not provide advice
on tax implications. this is because to offer such an advice the expert need training and knowlidge on state and federal tax laws. Tax laws are complex and varies from state to state which requires a considerable high level training. ina ddition, the laws keep on changing as new budgets are read,and the expert may not be conversant with any change.
Interest-bearing checking account.