For each of the following amounts paid by a purchaser, determine whether the amount is debited to Land, Land Improvements, or Building
Transaction Account Debited
Building permits
Cost of clearing land and removing unwanted buildings
Parking lot lighting
Delinquent property taxes
Cost to renovate a building to make it ready for use
Taxes assessed to transfer ownership (title) of land
What will be an ideal response
Transaction Account Debited
Building permits Building
Cost of clearing land and removing unwanted buildings Land
Parking lot lighting Land Improvements
Delinquent property taxes Land
Cost to renovate a building to make it ready for use Building
Taxes assessed to transfer ownership (title) of land Land
You might also like to view...
In 1999, the Drugs-R-Us began testing its new drug, Reduceo, a medicine to help people lose weight. Tests looked promising and, in 2006, the company applied to the FDA for approval to market Reduceo as a prescription drug. In March 2009, the FDA granted Drug-R-Us approval to market Reduceo. Reduceo was sold with some "diet enhancing" cookies that contained no drugs but were claimed to help
dieting with Reduceo. Frank saw an ad for the new drug. The Reduceo ad stated that it was a "wonder drug" and "tests prove it is the safest weight reduction drug on the market today!" Frank was interested and made an appointment to see his doctor. Frank's physician prescribed the new drug for his patient. Frank had no success using other weight-loss drugs, and dieting and exercise seemed ineffective. Frank took Reduceo from June until the end of August and lost 25 lbs. He also ate Reduceo's cookies. He was delighted with his weight loss, but was concerned because dots appeared before his eyes, causing disorientation. One day, the dots appeared before Frank's eyes while he was driving. He became disoriented and hit a tree and was seriously injured. He sued Drugs-R-Us, alleging negligence in manufacturing and inadequate warning of possible effects, as well as for deceptive advertising. When Drugs-R-Us submitted Reduceo for FDA approval, what standard would the agency have applied in it approval process? Drugs-R-Us would: a. have to submit evidence that Reduceo was produced in a non-negligent manner b. have to submit evidence that Reduceo would never cause an injury to any consumer c. have to submit evidence that Reduceo presented only a de minimis risk of harm d. have to submit evidence that Reduceo was safe for its intended use e. not have to submit any evidence to the FDA because the 1938 Act did not require such a submission
Which of the following is a technique where a team of users and IS specialists engage in an intensive session to minimize the total time required for gathering information from multiple participants?
A) RAD B) Piloting C) JAD D) CASE
A _____ is a tool used in structured systems analysis and design (SSAD) analysis model that shows a process at a more general level and is helpful for showing top management and the task force how a process works
a. data flow diagram c. context diagram b. flowchart d. conceptual data model
The ability to disclose and share information about self appropriately refers to which component of authentic leadership?
a. self-awareness b. unbiased processing c. behaviors motivated by personal convictions d. transparency