Rodriguez Company pays $375,280 for real estate plus $20,100 in closing costs. The real estate consists of land appraised at $157,040; land improvements appraised at $58,890; and a building appraised at $176,670. Required: 1. Allocate the total cost among the three purchased assets. 2. Prepare the journal entry to record the purchase.
Answers: 1
Business, 22.06.2019 11:00, ilovecatsomuchlolol
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units. required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
Business, 23.06.2019 21:00, stef76
You read the newspaper daily. lately, you have noticed more articles about increased tuition at various public and private colleges and universities. you draw the conclusion that all colleges and universities have increased tuition. which type of reasoning is this
Answers: 3
Business, 24.06.2019 02:30, jessicaflower277
Atoy manufacturing company currently produces 100 toys each day. the workers at that company earn $15 per hour. however, the government establishes a minimum wage of $24 per hour. the company cannot afford to keep all its workers, so it lays off some employees. how many people lose their jobs? a. 14 b. 18 c. 23 d. 41
Answers: 1
Rodriguez Company pays $375,280 for real estate plus $20,100 in closing costs. The real estate consi...
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