Answer:
Land 112,980
Explanation:
The driveway and parking lot are not part of the land. That is a decision of the company and will be applied on a diferent account, Parking lot
All the other cost are required to acquire the land and leave the land ready to use.
The salvage for the demolition decrease the cost for the land.
Purchase 84,500
demolition 9,100
salvaged materials (1,880)
atorney's fee 1,380
broker's fee 4,980
architect's fee 14,900
Total 112,980
Answer:
Dr Cash Account and Cr Capital Account
Explanation:
Initial investment of $10,000 is the capital injected by the owner of the business. This inflow will be credited as an equity capital of the company while the cash balance will be debited as it represent a cash inflow to the business.
Answer with Explanation:
"Unemployment" remains to be Zimbabwe's <em>very big challenge</em> in its society. The "employment syndrome" among the indigenous Zimbabweans is caused by several reasons of different origins.
One of the reasons is the country's "social culture." Working is considered a "social pressure" in the country. It doesn't stem from the individual's desire to work. So, this puts pressure unto the person when it comes to helping his family rise up from poverty. When one cannot achieve the desired job to do this, they are being laughed at in the society and <em>this creates more trouble. </em>
Another reason for this is that, the desired job that a person is looking for is "not available" in the country. People have hard time looking for work for many of these workplaces have already been shut down. So, this means that <em>the country's education doesn't coincide with the workforce in the country.</em>
"Lack of democracy" is also one reason. The country has been governed with <em>careless leadership</em>. This perpetuated unemployment because the government uses a <em>dishonest approach.</em> So, the educational issue and other developments in the country<u> cannot be addressed properly</u>.
EcoMart establishes General Journal
May 2
Dr Petty cash 1050
Cr Cash 1050
May 30
Dr Merchandise inventory 120
Dr Postage expense 359
Dr Miscellaneous expenses 240
Dr Cash short and over 9
Cr Cash728
June 1
Dr Petty cash 150
Cr Cash 150
Workings:
May 30,Merchandise inventory 120+ Postage expense 359+ Miscellaneous expenses 240+ Cash short and over 9 = $728
June 1
1050-1200= 150
Answer:
d. An annual salary of $500,000 and a stock option bonus package for a total of 250,000 shares, with 50,000 shares vesting at the end of each of the next five years.
Explanation: