On july 1, 2021, larkin co. purchased a $410,000 tract of land that is intended to be the site of a new office complex. larkin incurred additional costs and realized salvage proceeds during 2021 as follows: demolition of existing building on site $ 68,000 legal and other fees to close escrow 12,800 proceeds from sale of demolition scrap 8,300 what would be the balance in the land account as of december 31, 2021?

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered