Business
Business, 26.02.2020 21:03, abalth2154

The Austin Land Company sold land for $85,000 in cash. The land was originally purchased for $65,000. At the time of the sale, $40,000 was still owed to Regions Bank. After the sale, The Austin Land Company paid off the loan. Explain the effect of the sale and the payoff of the loan on the accounting equation. Enter all dollar amounts as positive numbers.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 07:30, ingle75
Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.
Answers: 1
image
Business, 22.06.2019 10:00, lm942747
What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided
Answers: 1
image
Business, 22.06.2019 12:40, daphnewibranowsky
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
image
Business, 22.06.2019 21:00, elenasoaita
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
Do you know the correct answer?
The Austin Land Company sold land for $85,000 in cash. The land was originally purchased for $65,000...

Questions in other subjects:

Konu
Mathematics, 12.10.2020 20:01
Konu
Mathematics, 12.10.2020 20:01
Konu
History, 12.10.2020 20:01
Konu
Mathematics, 12.10.2020 20:01
Konu
Mathematics, 12.10.2020 20:01