. Wholesale Banners pays $ 300 comma 000 cash for a group purchase of land, building, and equipment. At the time of acquisition, the land has a market value of $ 33 comma 000, the building $ 264 comma 000, and the equipment $ 33 comma 000. Journalize the lump-sum purchase.

What is the difference between secure bonds and naked bonds?

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)