Land and a warehouse were acquired for 710000 what amounts

Assignment Help Accounting Basics
Reference no: EM13611380

Land and a warehouse were acquired for $710,000. What amounts should be recorded in the accounting records for land and for the warehouse if an appraisal showed the estimated values to be $360,000 for the land and $695,000 for the warehouse?

Reference no: EM13611380

Questions Cloud

All direct materials used inthe production of telescopes : a company makes telescopes. all direct materials used inthe production of telescopes are added at the beginning of
Find the temperature of the steam at the inlet of the : a reheat regenerative rankine cycle. steam enters the turbine at 8mpa and 500 c at a rate of 15 kgs and is condensed to
When you observe unethical behavior by a co-worker or : when you observe unethical behavior by a co-worker or another health care professional what do you normally do? what
Conduct the appropriatenbspt-test atnbspa 05 to determine : you randomly selectnbsp9nbspfire-breathing dragons and the number of knights and princesses eaten by each dragon is
Land and a warehouse were acquired for 710000 what amounts : land and a warehouse were acquired for 710000. what amounts should be recorded in the accounting records for land and
Heat is slowly removed from the steam during a constant : saturated steam at 2 mpa is contained in a piston-cylinder device. the initial volume is 0.25 cubic meters. heat is
Why has patient confidentiality become a more difficult : why has patient confidentiality become a more difficult issue to deal with in the present health care
A company makes telescopes all direct materials used inthe : a company makes telescopes. all direct materials used inthe production of telescopes are added at the beginning of
Blood type ab is found in only 3 of the populationdagger if : blood type ab is found in only 3 of the populationdagger. if 275 people are chosen at random find the probability of

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd