The increase in overall benefits from eating the unit is equal to the marginal benefit of eating another unit of the good.
Marginal thinking: What is it?When you think moderately, you take into consideration how much you would value something being added. You analyze the costs and benefits of incorporating anything more while disregarding the sunk costs of what is already planned to happen .
Does the mean vary marginally?The term "marginal change" is used by economists to describe minor modifications to an established course of action. Simply said, minor changes are very modest incremental changes that only have an overall impact on the bigger (macroeconomic) totals.
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What is an advantage of home ownership??
Answer:
Privacy Usually a good investment More stable housing costs from year to year Pride in ownership and strong community ties Tax incentives Equity buildup (savings)
Explanation:
How does the opportunity cost principle explain the relationship between the real interest rate and investment spending?
As the interest rate rises,
the more spending businesses want to do.
the less attractive it is to leave money in the bank instead of spending on investments.
the more attractive it is to leave money in the bank instead of spending on investments.
it has no effect on investment spending. If firms need to expand, they will invest regardless of the interest rate.
b. The investment line is
because of the relationship between real interest rates and investment
spending
perfectly elastic
vertical
upward-sloping
downward-sloping
The opportunity cost illustrates the relationship that exists between them because as the interest rate rises, the more attractive it is to leave money in the bank instead of spending on investments.
The investment line is downward sloping because of the relationship between real interest rates and investment spending.
Opportunity cost simply means what one foregoes in order to get something else. It should be noted that when there's an increase in the interest rate, this will lead, the cost of borrowing will be high. Therefore, there'll be a reduction in investment.
Therefore, there's a negative relationship between interest rate and investment spending. This then leads to a downward-sloping curve.
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List down three characteristic of project
Answer:
A single definable purpose, end-item or result. This is usually specified in terms of cost, schedule and performance requirements.
Every project is unique. It requires the doing of something different, something that was not done previously. Even in what are often called “routine” projects such as home construction, the variables such as terrain, access, zoning laws, labour market, public services and local utilities make each project different. A project is a one-time, once-off activity, never to be repeated exactly the same way again.
Projects are temporary activities. A project is an ad hoc organization of staff, material, equipment and facilities that is put together to accomplish a goal. This goal is within a specific time-frame. Once the goal is achieved, the organization created for it is disbanded or sometimes it is reconstituted to begin work on a new goal (project).
Ivanhoe Company, organized in 2019, has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2020. 1/2/20 Purchased patent (7-year life) $310,800 4/1/20 Purchase goodwill (indefinite life) 354,000 434,000 7/1/20 Purchased franchise with 10-year life; expiration date 7/1/30 160,800 8/1/20 Payment of copyright (5-year life) Research and development costs 9/1/20 224,000 $1,483,600 Prepare the necessary entry to clear the Intangible Assets account and to set up separate accounts for distinct types of intangibles. (Credit account titles are automatically indented when entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) amount Account Titles and Explanation Debit Credit Make the entry as of December 31, 2020, recording any necessary amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Reflect all balances accurately as of December 31, 2020. Use straight-line amortization $ $ $ $
Following are instructions for creating the necessary entries to close the Innovative Assets account and create multiple ones for various categories of intangibles.
What do you term a business account?Quick access to business bank accounts. a check account for business. Bank account for a business. Money market account for businesses. Guarantee of Deposit for Business.
Account Names and Descriptions
Credit
Patents
Godwill
Franchise
Copyright
$ 354,000
$ 434,000
$ 160,800
Expense for research and development
$ 224,000
Non-tangible assets
(To balance the account for intangible resources)
$ 1,483,600
Account Names and Descriptions
Debit
Credit
Depreciation cost
$ 79,500
(310,800/7) Patents
($434,000/10*6/12) Franchise
($160,800/5*5/12) Copyright
(To keep track of amortisation costs)
Debit $ 310,800
$
44,400
$
21,700
$
13,400
Utilize amortisation in a straight line:
$310,800 to $44,400 for patents
Godwill
($434,000–$21,700) franchise
$ 266,400
$ 354,000
$ 412,300
($160,800 - $13,400) Copyright
$ 147,400
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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Which type of worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship? a miner a forester a conservationist a park worker
Answer:
I think it would be a park worker
Explanation:
Park workers don't use as much heavy equipment as miners
A worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship is conservationist. Option C is correct.
What is Conservationist?A conservationist is a person who works to preserve wildlife, plants, or their natural environments. While some environmentalists teach students about environmental issues, others clean up seabirds after oil spills in the water. He might wish to become a conservationist if you are concerned about protecting the environment and wildlife.
A person active in conservation is one who works to safeguard wildlife, plants, and other natural resources as well as to stop the loss and waste of these resources.
Further a person who complete his education Biology A-Levels are essential, as well as at least one other subject. Furthermore, geography has its uses. A BSc in Biology, Environmental Science, or Zoology might be a suitable place to start after A-Levels before specializing during a Masters for post of conservationist.
Thus option C is correct.
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Which of the following is not an example of restructuring?
Answer:
c
Explanation:
Increasing or decreasing the amount of common stock is not an example of restructuring. Thus, option 'A' is the correct option.
What is restructuring in a business?A business restructuring is a key step that a company takes to change and reorganize its operations with the goal of lowering debt, boosting productivity, and enhancing the firm's moving ahead. Businesses experiencing financial challenges are more likely to reorganize.
A firm that finds itself in a situation where its debt is rising and it is having trouble making payments on time will frequently choose to restructure in order to find a sustainable solution to pay back all of its creditors and settle any outstanding debt. In general, the significance of corporate restructuring originates from its capacity to right the ship, divert attention from a gathering storm, and steer it in the direction of sheltered seas. It can act to turn around a failing business and position it for success.
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The complete options are:
a. Increase or decrease the amount of common stock
b. Eliminating profitable but unrelated divisions.
c. Merging with companies in related industries.
d. Divesting of an unprofitable division
What is the difference between gross and net pay?
A. There is no difference between gross pay and net pay.
B. Gross pay is the amount you earn; net pay is the amount you
receive after deductions.
C. Net pay is always more than gross pay.
D. Net pay is the amount you earn; gross pay is the amount you
receive after deductions.
the distinction between gross and net wages Your gross pay is how much you are paid; your net pay is how much you are paid after deductions. As a result, choice (B) is accurate.
Generally speaking, net wages" refers to the sum of money an employee receives after all withholdings and taxes have been deducted from their gross pay. It serves as a representation of the real pay that an employee receives.
To be clear, the appropriate sentence describing the distinction between gross compensation and net paid is Net pay is the amount you receive after deductions; gross pay is the amount you earn.
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Printers today have many features that include improved quality, photo printing capabilities, digital camera connectivity, built-in flash memory card readers, wireless connectivity, and faster speed. Suppose you are in the market for a new personal printer. Make a list of the most important features needed to meet your needs, and then research printers to identify the best printer for your needs. Be sure to consider both the price of the printer and the price of consumables (such as paper and ink/toner) in your evaluation process
Answer:
A printer is a device that accepts text and graphic output from a computer and transfers the information to paper, usually to standard size sheets of paper. Printers vary in size, sophistication, speed, and cost. In general, more expensive printers are used for higher-resolution color printing.
Printers today have many features that include improved quality, photo printing capabilities, digital camera connectivity, built-in flash memory card readers, wireless connectivity, and faster speed.
The Six important printer qualities are:
Color: It is important for users who need to print pages for presentations or maps, photos and other pages where color is part of the information. Color printers can also be set to print only in black-and-white. Color printers are more expensive to operate since they use two ink cartridges (one color and one black ink, toner) that need to be replaced after a certain number of pages. Users who don't have a specific need for color and who print a lot of pages will find a black-and-white printer cheaper to operate. Resolution: Printer resolution (the sharpness of text and images on paper) is usually measured in dots per inch (dpi). Most inexpensive printers provide sufficient resolution for most purposes at 600 dpi. Speed: If you do much printing, the speed of the printer becomes important. Inexpensive printers print only about 3 to 6 sheets per minute. Color printing is slower. More expensive printers are much faster.Memory: Most printers come with a small amount of memory (for example, one megabyte) that can be expanded by the user. Having more than the minimum amount of memory is helpful and faster when printing out pages with large images or tables with lines around them (which the printer treats as a large image). Wireless connectivity : Specialized printer nowadays have wireless connectivity which allows user to communicate with the machine without physical operation. Like one can just give command to the printer to print their projects using their mobile phone while sitting on the couch. This feature might add extra bucks to the bill but its worth it. Printer languages The commands from the computer to the printer to tell the printer how to format the document being printed. These commands manage font size, graphics, compression of data sent to the printer, color, etc. The two most popular printer languages are Postscript and Printer Control Language.Conclusively the best printer will be the one which will provide pleasant color contrast, good resolution, enough memory, wireless connectivity and have better language settings.
5. What common events could result in inventory shrinkage?
O A. Customers bought more inventory than the retailer planned
OB. Retailer ordered too many products
C. Product was stolen from the store
O D. Retailer forgot to order products
Answer:
C. Product was stolen from the store
Explanation:
Given that inventory, shrinkage is a situation that happens when the number of commodities in stock is lesser than the amount documented on the inventory record. This is usually caused by clerical errors, spoilt goods, or theft.
Hence, in this case, the common events that could result in inventory shrinkage are "Product was stolen from the store."
Can someone help me with this
Answer:
Is it account? or business?
Explanation:
Is it account or business??
Question 11 (3 points)
When considering the costs and benefits of a decision, you should do something as
long as
a) the benefits are less than the costs
b) the costs are less than the benefits
c) the costs and benefits are both high
d) the costs and benefits are both low
Answer:b
Explanation:
I think it is
Which of these statements is true about the drug utilization management (UM) rules?
Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules
Explanation:
The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.
These methods can include prior authorization, quantity limits, and step therapy.
Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.
Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.
Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.
The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.
Therefore, the given statement is true.
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Your question is incomplete, most probably the complete question is :
The statement is about the drug utilization management UN rules. true or false?
prior authorization quantity limit and step therapy are some examples of the coverage rules
Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10
Answer:
A) risk
Explanation:
An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.
write a short essay about inventory control( involves kind of inventory reason and approach)
Inventory control is a process of maintaining the right amount of parts and products in stock to avoid shortages, overstocks, and other expensive problems that might arise in the future.
The purpose of inventory control is to reduce the number of slow-selling products that a company purchases and to increase the number of high-selling products that are purchased. As a result, businesses are able to save time and money. This is because they don't have to spend a lot of time and effort reordering goods that they don't really need, or receiving goods they don't actually need. As an additional benefit, these products are not stored in warehouses at all, which means that transportation costs are reduced and space is freed up for fast-moving finished goods, which is a further benefit.
It is critical to understand that using inventory control can help you avoid making rash decisions, as well as avoiding the pain and expense associated with overstocking your shelves. As its name suggests, inventory control helps you maintain control over your inventory level. This helps you make the best use of your resources and avoid product spoilage and obsolescence.
Hope this helps :)
Training new personnel who just started working at the office fits under which administrative
task?
Facility management
clinical office management
scheduling
personnel management
Answer:
personnel management.
Explanation:
Training new personnel who just started working at the office fits under personnel management.
Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.
Hence, the main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.
Which of the following is not a typical characteristic of a market system?
A. private property
B. freedom of enterprise
C. government ownership of most property resources
D. competition in product and resource markets
Government ownership of most property resources is not a typical characteristic of a market system. Thus, option 'C' is the correct option.
What is a market system?A market system is any organized procedure that enables several market participants to supply and demand, facilitating communication and transaction between buyers and sellers. It is not simply the pricing mechanism surrounding it and enabling it to function in a social context; it is also the full system of regulation, certification, credentials, and clearing.
Some writers particularly allude to the free market system when they use the phrase "market system." Voting systems are distinct from market systems. Politicians seek voter support less frequently in a voting system, but in a market system, buyers and sellers are continuously active and unequally empowered.
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What is something an officer should know about the territory they
patrol?
Answer:
employs tactics and techniques designed to specifically locate, identify and apprehend criminals
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
a company whose sole purpose is to buy stocks or bonds of other companies and has a professional manager is called?
a. mutual fund
b. income stock
c. growth stock
d. prospectus
Answer:
a. mutual fund
Explanation:
Mutual fund is the company whose sole purpose is to buy stocks or bonds of other companies and has a professional manager.
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
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How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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When you think about a leader, what words would you use to describe that person?
Answer: Someone who has the most power
Explanation:
If the central bank can act as a lender of last resort during a banking panic, banks can.
If the central bank can act as a lender of last resort during a banking panic, banks can satisfy customer withdrawal needs and eventually restore the public's faith in the banking system.
A financial institution is a monetary group certified to receive deposits and make loans. There are several varieties of banks inclusive of retail, commercial, and investment banks. In maximum nations, banks are regulated by using countrywide authorities or vital financial institutions.
Although banks do many things, their number one position is to soak up funds—called deposits—from people with money, pool them, and lend them to individuals who need a price range. Banks are intermediaries among depositors (who lend money to the bank) and debtors (to whom the financial institution lends money).
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Please Help ASAP!
2. Identify at least three factors that may influence Eric's decision, including Eric's savings and any ways he could reduce the total cost of the loan.
The three factors that influence Eric's decisions are the lowest rate of return along with the shorter duration of time.
What is Loan?A Loan is referred to as the amount which an individual borrows from a financial institution at a certain rate of interest to start any business or to fulfill their needs.
When Applying for any loan it is important to conduct research about the rate of return which helps in saving a large rate of income for an individual.
While making a decision for a loan, it should be determined which financial institution provides maximum facility on any Loan in order to repay it timely and reduce the burden on an individual.
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Hinata has noticed that the performance of a subordinate has decreased significantly in the last two months. She talked to the subordinate about the situation, but his performance continues to be below par. Hinata decides to write a report to her manager in which she describes the situation and provides possible solutions. This type of report is called a(n)
Hinata writes a functional report to the 7th Hokage who will decide the fate of the subordinate chuunin.
In order to convey the situation and offer potential remedies, Hinata decides to prepare a report to her management. The term "assigned problem-solving report" refers to this kind of document. Hence, Option E is correct.
What is management?No matter if the organisation is a for-profit corporation, a government agency, or a nonprofit, management is the administration of the entity. Resource management for a business is both an art and a science.
A subordinate's performance has markedly deteriorated over the past two months, according to Hinata. She discussed the issue with the subordinate, but he hasn't improved his performance.
In order to convey the situation and offer potential remedies, Hinata decides to prepare a report to her management.
Therefore, Option E is correct.
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The complete question has been attached in text form:
Hinata has noticed that the performance of a subordinate has decreased significantly in the last two months. She talked to the subordinate about the situation, but his performance continues to be below par. Hinata decides to write a report to her manager in which she describes the situation and provides possible solutions. This type of report is called a(n)
Multiple Choice
feasibility study.
unsolicited problem-solving report.
facts of authorization.
executive summary.
assigned problem-solving report.
Wilma's Winery uses the indirect method to determine net cash provided by operating activities. During 2017, Wilma experienced a
decrease in Accounts Receivable of $8,000, an increase in Accounts Payable of $1,000, and an increase in Inventory of $4,000. What
should be reported as the net cash provided by operating activities if net income was reported at $23,000?
O $34,000
O $26,000
O $28,000
O $20,000
Answer: $23,000+ $8000+ $1000 - $4000= 28,000
$28,000 should be reported as the net cash provided by operating activities if net income was reported at $23,000. Hence, option C is correct.
What is operating activities?All the actions a company takes to constantly promote its products and services are referred to as operating activities. Non-operating activities are one-time occurrences that are unconnected to the normal, primary business activity of the company but may have an impact on sales, costs, or cash flow.
Cash flow from operating activities refers to the earnings a company makes through ongoing, regular business activities like creating and selling things or providing clients with services. It appears as the first section of a corporation's cash flow statement.
Operating activities generate the majority of the organization's cash flows because they are intimately tied to its core business operations, including sales, distribution, production, and so forth.
Thus, option C is correct.
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Do you think Ford analyzed the problem of redesigning the Pinto fuel tank safety in a reasonable way? Why?
Answer:
yes
Explanation:
There were fewer problems with the ford pinto after ford decided to fix the problem
Deep discount bonds reflect questionable quality. True False
Answer:
I think "False" but I'm not sure.
Explanation:
I'm sorry if it's wrong.
Required information
[The following information applies to the questions displayed below.]
On January 1, Mitzu Company pays a lump-sum amount of $2,650,000 for land, Building 1, Building 2, and Land
Improvements 1. Buildin has no value and will be demolished. Building 2 will be an office and is appraised at
$737,500, with a useful life of 20 years and a $80,000 salvage value. Land Improvements 1 is valued at $354,000
and is expected to last another 12 years with no salvage value. The land is valued at $1,858,500. The company also
incurs the following additional costs.
Cost to demolish Building 1
Cost of additional land grading
Cost to construct Building 3, having a useful life of 25 years and a $400,000 salvage value
Cost of new Land Improvements 2, having a 20-year useful life and no salvage value
2. Prepare a single journal entry to record all the incurred costs assuming they are paid in cash on January 1.
$ 348,400
191,400
2,282,000
173,000
Based on the information, the journal entry is Illustrated below.
Land $1,858,500
Building 2 $737,500
Land Improvements 1 $354,000
Cost to demolish Building 1 $348,400
Cost of additional land grading $191,400
Building 3 $2,282,000
Land Improvements 2 $173,000
Cash $5,934,800
How to explain the informationIn this journal entry, you would debit the Land account for its value of $1,858,500, the Building 2 account for its appraised value of $737,500, the Land Improvements 1 account for its value of $354,000.
The Cost to demolish Building 1 account for $348,400, the Cost of additional land grading account for $191,400, the Building 3 account for $2,282,000, the Land Improvements 2 account for $173,000, and credit the Cash account for the total payment of $5,934,800.
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