Business, 15.11.2019 21:31 jjbossgt

On march 1, 2019, pharoah company acquired real estate on which it planned to construct a small office building. the company paid $95,000 in cash. an old warehouse on the property was raised at a cost of $8,900; the salvaged materials were sold for $1,600. additional expenditures before construction began included $1,900 attorney’s fee for work concerning the land purchase, $5,500 real estate broker’s fee, $7,200 architect’s fee, and $14,700 to put in driveways and a parking lot.
determine the amount to be reported as the cost of the land.
cost of land: $

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 07:30

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions

Answers: 3

Answer

Business, 22.06.2019 10:10

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Answers: 1

Answer

Business, 22.06.2019 11:00

Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economía

Answers: 2

Answer

Business, 22.06.2019 13:50

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.

Answers: 2

Answer

You know the right answer?

On march 1, 2019, pharoah company acquired real estate on which it planned to construct a small offi...

Questions