On December 31, 2016, Akron, Inc. purchased 5 Percent of Zip’s Company's common shares on the open market in exchange for $16,000. On December 31, 2017, Akron, Inc., acquires an additional 25 percent of Zip Company's outstanding common stock for $95,000.
During the next two years, the following information is available for Zip Company:
Income Dividends Declared Common Stock
Fair Value (12/31)
2016 $320,000
2017 $75,000 $7,000 380,000
2018 88,000 15,000 480,000
At December 31, 2017, Zip reports a net book value of $290,000. Akron attributed any excess of its 30 percent share of Zip's fair over book value to its share of Zip's franchise agreements. The franchise agreements had a remaining life of 10 years at December 31, 2017.
A. Assume Akron applies the equity method to its Investment in Zip account:
1. What amount of equity income should Akron report for 2018?
2. On Akron's December 31, 2018, balance sheet, what amount is reported for the Investment in Zip account?
B.Assume Akron uses fair-value accounting for its Investment in Zip account:
1. What amount of income from its investment in Zip should Akron report for 2018?
2. On Akron's December 31, 2018, balance sheet, what amount is reported for the Investment in Zip account?
a1. Equity income: a2. Investment in Zip account: b1. Reported income: b2. Investment in Zip account :

The complement of an event A is the event that A does not occur in any account is known as an impossible event.

The event, incident, episode, and scenario all refer to an occurrence or occurrence. A happening that occurs without intention, choice, or plan is referred to as an occurrence. a fortuitous meeting that happened to occur.

As, in the event, there are certain possibilities is there that it will occur or not. One less than the likelihood that an event will take place gives us the likelihood that it won't.

Therefore, As a result, The impossible event is known as the event that A does not occur.

Learn more about events here:

https://brainly.com/question/12961938

#SPJ9

Option - D : Any of the above are possible.A monopolistically competitive firm in short-run equilibrium  will make negative profit (lose money) or  make zero profit (break-even) or  make positive profit.

Depending on the market demand and the business's cost structure, a monopolistically competitive firm may produce negative profit, zero profit, or positive profit in the short term. The company will experience a loss if its total revenue is lower than its entire variable costs (loss). It will not turn a profit if its total income equals its whole costs (break-even). It will turn a profit if its total income exceeds its whole expenses. Therefore, in short-run equilibrium, any of the aforementioned outcomes are feasible for a monopolistically competitive organisation. Monopolistic competition is a sort of imperfect competition when several manufacturers compete with one another yet sell various items that are not exact replacements for one another.

For such  more questions on monopolistically competitive firm:

brainly.com/question/17241373

#SPJ4

A competitive advantage in customer intimacy would be supported by hiring people who are interested in learning and have strong networking abilities.

As a means of making connections with other people and advancing your career, networking is an essential skill that includes personal communication, relationship management, and professionalism. In its early stages, it may entail contacting people or organizations that can assist you in your professional life.

To put it simply, networking is the process of establishing connections with other professionals. Both parties should always gain from networking. Better reputation, increased visibility, a larger support network, enhanced business expansion, and connections with greater impact are all benefits of networking.

To learn more about customer intimacy visit :

https://brainly.com/question/7283854

#SPJ1

Real GDP=Nominal GDP×100Price Index calculate the price index of real GDP and nominal GDP.

What is meant by GDP nominal?

Gross domestic product (GDP) is measured in nominal terms when it is expressed in current prices without inflation adjustments. GDP price estimates are calculated by expressing the values of all the products and services produced during the current reporting period.

                                         The market worth of the final goods and services produced in a nation over a specific time frame at that year's prices (also known as "current prices").

What are real and nominal GDP?

Nominal GDP represents the raw data in current dollars without taking inflation into account. Real GDP corrects the data by fixing the value of the currency, removing any distortion brought on by inflation or deflation.

Learn more about nominal GDP

brainly.com/question/20820909

#SPJ4

The following option that is true according to o the roles and responsibilities of a project manager are:

In the term of business and management organizations, Project management generally can be defined as the process of leading the work of a team to achieve all project goals within the given constraints. The project goals that will be achieve using project management usually being documented in the project documentation, created at the beginning of the development process. There are several aspects in the project management, such as  scope, time, and budget.

Here you can learn more about project management https://brainly.com/question/15404120

#SPJ4

Exetron Corp’s use of a hard-bearing device similar to the Doneys’ device for automobile wheel balancing may infringe on the Doneys’ patent.

Generally,  A patent grants the patent owner the exclusive right to make, use, and sell the invention for a limited period of time. The fact that the Doneys obtained a patent for their invention from the U.S. Patent and Trademark Office means that they have the exclusive right to make, use, and sell the invention.

However, whether or not Exetron’s use of a similar device infringes on the Doneys’ patent depends on the scope of the patent. If the scope of the patent is broad enough to cover any hard-bearing device for balancing rotors, then Exetron’s use of a similar device would be considered infringement. On the other hand, if the scope of the patent is limited to the specific use or application of the hard-bearing device, then Exetron’s use of a similar device for a different application (i.e. automobile wheel balancing) may not be considered infringement.

In this case, the fact that the Doneys’ invention was never used as an automobile wheel balancer may weaken their case for infringement. However, it is important to note that the scope of the patent will ultimately determine whether or not Exetron’s use of a similar device infringes on the Doneys’ patent. If the scope of the patent is broad enough to cover Exetron’s use of a similar device for automobile wheel balancing, then Exetron may be liable for patent infringement.

Read more about patent.

https://brainly.com/question/14103538

#SPJ1

The statement is False. The structures of English and other colonial powers' colonies varied and were not as straightforward as this statement suggests.

While it is true that some English colonies, such as those established by the Virginia Company, were structured as profit-making businesses and encouraged expansion, this was not the case for all English colonies. Some English colonies, such as those established in New England, were established for religious and commercialization path political reasons and were not structured primarily for profit.

In addition, other colonial powers, such as France and Spain, established colonies that were structured both as profit-making enterprises and as centers of settlement and administration. These colonies sometimes encouraged expansion and innovation, and at other times limited population growth and stifled innovation. The structures of colonial settlements varied greatly and were influenced by a range of factors, including geopolitical considerations, economic goals, and religious and cultural influences.

learn more about commercialization path here

https://brainly.com/question/14650270

#SPJ4

The given statement "quality of conformance refers to the degree to which goods and services conform to the intent of the designers as documented in the specifications" is true because quality of conformance indicates the degree to which goods and services conform to the intent of the designers as documented in the specifications.

This means that the products or services produced should meet the standards and specifications set by the designers, and should be free from defects and errors. Quality of conformance is an important aspect of overall product or service quality, as it ensures that the product or service meets the intended standards and can be relied upon to perform as expected.

You can learn more about Quality of conformance at

https://brainly.com/question/14615134

#SPJ4

If immigration increases supply of labor, then at given wage, the supply of labor will increase. This will cause the labor supply curve to shift to right. This will cause excess labor supply at given wage and thus, wages will decrease.

If the wages are sticky, the joblessness rate will increment in light of the fact that the at given wage the interest for work will be not exactly the stockpile.

Immigration affects the labor supply, as it builds the pool of laborers in specific areas of the economy. Simultaneously, movement is probably going to build the interest for work, as travelers grow customer interest for specific labor and products.

Learn more about level of migration:

https://brainly.com/question/14820962

#SPJ4

This question is not complete, Here I am attaching the complete question:

Suppose an increase in the level of migration increases the supply of labor at any wage. The labor supply curve . If wages freely adjust, then the wage will . If wages are sticky, then the unemployment rate will .

Here is the journal entry to record the transaction of Power House Co. prepaying the annual rent of $18,200 on January 1:

Date: January 1

Account Debit Credit

Prepaid Rent 18,200

Cash 18,200

The account Prepaid Rent is an asset account that represents the rent paid in advance. The account Cash is an asset account that represents the payment made by the company. Since the company paid the rent in advance, the Cash account is debited to decrease the balance, and the Prepaid Rent account is credited to increase the balance.No   journal entry is made to Accounts Payable as the company made the payment in cash and did not incur any liability.No entry is made to Rent Expense as the rent is prepaid and will be recorded as an expense over the period for which it is paid.No entry is made to Rent Revenue as the company is the tenant, not the landlord. Rent revenue would be recorded by the landlord when they receive payment for the rent.

learn more about journal  here:

https://brainly.com/question/28390337

#SPJ4  

Long-term economic profits for businesses in a properly competitive market are zero because positive profits draw in new businesses and negative profits drive them away.

A restaurant is engaged in competitive monopolistic business. Every day, 260 dishes are produced by the restaurant. This is the output level that maximizes profits when marginal cost and marginal revenue are equal. At this point, the average price is $10. The $12 pricing range. The difference between total income and total cost will determine whether the restaurant makes a profit or loses money. Gains = Overall Profit - Overall Expense = $12 260 - $10 260 = $3,120 - $2,600 = $520. Because more businesses will want to enter the market as a result of this super-normal profit, the market share of already established businesses will decrease. The restaurant's demand curve will shift to the left.

Learn more about Monopolistic business here:

https://brainly.com/question/14095584

#SPJ4

The factors can be sorted into those that affect the supply curve for loanable funds and those that affect the demand curve.

Factors affecting the supply curve:

Wealth: As individuals become wealthier, they are more likely to save their money and invest it, increasing the supply of loanable funds.

Productivity of capital: As the productivity of capital increases, firms are more likely to invest in new capital projects, increasing the supply of loanable funds.

Investor confidence: High investor confidence can encourage individuals and firms to invest in new projects, increasing the supply of loanable funds.

Factors affecting the demand curve:

Consumption smoothing: When individuals want to smooth their consumption over time, they may borrow money, increasing the demand for loanable funds.

Time preferences: Individuals may have a preference for present consumption over future consumption, leading to a higher demand for loanable funds to finance current consumption.

Income: As income increases, individuals may want to increase their consumption, leading to a higher demand for loanable funds.

Age distribution of the population: As the population ages, individuals may want to save more for retirement, decreasing the supply of loanable funds and increasing the demand for loanable funds.

To learn more about the supply curve

https://brainly.com/question/6075885

#SPJ4

Team members can be divided into three fundamental categories: regular, ad hoc, and resource. Leading teams on Six Sigma projects is the main responsibility of a certified black belt working full-time.

A typical Six Sigma team structure consists of stakeholders, executives, champions, and team members (yellow belts) who work under the guidance of a green belt or black belt. Examples of project level participants who support the management of the improvement effort include master black belts, black belts, green belts, and yellow belts.

Six Sigma projects based on the significant study that has been done on the issue, an ideal project team size is usually acknowledged to be between 4-6 people.

To know more about Six Sigma projects visit:

https://brainly.com/question/29433265

#SPJ4

The question requires us to fill in the gap. This has been done below.

Quantitative easing is an example of unconventional monetary policy, which is generally used when interest rates are at or approaching zero.

During 2008 credit crisis, market value of mortgage backed securities had reduced substantially due to the high default rate on mortgage. In an attempt to restore investor faith in the securities, the federal reserve engaged in quantitative easing by purchasing mortgage backed securities. Consequently the prices of these securities increased,and investors began to purchase the risky debt securities, which resulted in increased liquidity in the market for securities.

Read more on quantitative easing here:https://brainly.com/question/24213350

#SPJ1

A closing entry is a journal entry that is made at the conclusion of the accounting period. Transferring data between floating accounts on the income statement and floating accounts on the balance sheet.

In general, revenue accounts to income summary, expense accounts to income summary, income summary to retained earnings, and dividend accounts to retained earnings are the four closing entries.

Either the retained earnings account or the income summary account can be closed as the final destination for temporary accounts. Then the retained earnings account is closed to the income summary account. Both approaches have benefits.

To know more about journal entry visit:-

https://brainly.com/question/20421012

#SPJ1

The example that best illustrates a tactical resource capacity change decision is a company is looking for a new distributor that can serve a wide range of clientele. So option c is correct.

The amount of time a resource or set of resources has available for productive work at any given time in the context of resource capacity as it relates to project management is referred to as capacity. This is the maximum amount of work a person can handle.

The volume that a container can hold is its capacity. The containers for oil, juice, and gasoline are just a few examples of items that show capacity. Liters are the SI base unit used to measure capacity (L). The litre (L) and millilitre (ml) are the two most popular units for capacity (mL)

To know more about resource capacity visit:

https://brainly.com/question/28604707

#SPJ4

By repairing the broken van, Davenport would be in a better financial position and save $4,000.

Davenport & Company, an employee owned firm with offices across the mid-Atlantic and a Richmond, Virginia, headquarters, provides a range of wealth management and financial advisory services, such as traditional stock and bond brokerage, expert money management, financial and retirement planning, and market research.

Ormus de Davenport, known as the "first recognizable Davenport," is believed to have resided in Cheshire. Some people think Ormus got his last name, Daven-port, from the town he lived in on the River Dane, which means "Dane Market" 4. Where Davenport Hall is now located is thought to have been Ormus' original homestead.

To learn more about Davenport here:

https://brainly.com/question/14849790

#SPJ4

An important characteristic of financial accounting is that the information be comparable or standardized across different companies.

The creation of financial statements that reveal information about a company's financial performance and condition is within the purview of financial accounting, a subfield of accounting. Investors, creditors, and other outside parties utilise these financial documents, such as the balance sheet, income statement, and cash flow statement, to judge a company's financial stability and make investment and lending decisions.

The financial data given in the statements must be similar across multiple companies in order for financial accounting to be effective. In order to compare and contrast their financial statements with those of other organisations, businesses should adhere to standardised accounting principles and practises. Absent comparison. Since the information presented must be accurate and relevant for making decisions, standardisation and comparability are crucial aspects of financial accounting.

Learn more about Financial accounting here:

https://brainly.com/question/14951563

#SPJ4

Before starting the hiring process, Sharon should perform a job analysis.

Examining the duties and obligations connected to a specific job is the process of doing a job analysis. It offers a thorough understanding of the expertise, talents, and information necessary to carry out the work successfully. Conducting a job analysis in Sharon's situation will enable her to identify the precise duties and responsibilities that the entry-level position in the accounting group will be expected to carry out as well as the necessary expertise, knowledge, and abilities.

A variety of techniques, like as interviews, surveys, and observations, can be used to analyze jobs. By using the outcomes of the job analysis to create job descriptions and job criteria, Sharon will be able to assess the applicants' qualifications and choose the applicant who is the greatest fit for the entry-level position.

To know more about soon-to-be accounting graduates visit:

https://brainly.com/question/30359682

#SPJ1

The probability of rolling 'double' when rolling a 4-sided die and an 8-sided die together is 0.125.

The probability of rolling a specific number on a die with n sides is 1/n. In this case, we have a 4-sided die and an 8-sided die, so the probability of rolling any specific number on the 4-sided die is 1/4, and the probability of rolling any specific number on the 8-sided die is 1/8.

To find the probability of rolling 'double,' we need to consider all the possible outcomes of rolling both dice. There are 4 possible outcomes for the roll of the 4-sided die, and 8 possible outcomes for the roll of the 8-sided die. Therefore, there are a total of 4 x 8 = 32 possible outcomes when we roll both dice together.

Out of these 32 possible outcomes, there are 4 outcomes where we get the same number on both dice (1-1, 2-2, 3-3, and 4-4). Thus, the probability of rolling 'double' is the ratio of the number of favorable outcomes to the total number of possible outcomes.

Probability of rolling 'double' = number of favorable outcomes / total number of possible outcomes

= 4 / 32

= 1 / 8 or 0.125

To know more about probability here

https://brainly.com/question/11234923

#SPJ4

Complete Question:

A 4-sided die can be used to select a number randomly from the numbers 1, 2, 3, and 4. Suppose you roll a 4-sided die along with an 8-sided die.

a) Find the probability of rolling 'double'. That is the event of getting the same number on both dice

Despite growing more slowly in 2018 than in 2017, revenue from energy generation and storage increased significantly in 2017. Revenue from automotive leasing decreased by 41.4% in 2018 compared to a 28.0% growth in 2017.

The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue. Revenue, also known or gross sales, is sometimes referred as the "top line" since it appears just at top of the earnings statement. Income, often known as net income, is a company's total revenue or profit. Revenue (or sales revenue) refers to the total amount of gross income produced by the sale of products or services. Revenue can be calculated simply by multiplying the quantity of sales by the average service price or sales price (Revenue = Sales x Average Price of Service or Sales Price).

You should be aware that when comparing revenue to income, "revenue" refers to the whole money that a company earns before deducting any expenses. On the other hand, "income" is calculated by taking revenues and subtracting business costs including depreciation, interest, taxes, as well as other fees.

We must divide each type of revenue by the total revenue and multiply the result by 100 to express it as a percentage in order to determine the relative size of sales revenue from the four categories of revenue that Tesla reports. These are the outcomes:

% of Total Revenue for 2018 2017 2016

Automotive sales 82.3% 75.6% 73.7%

Automotive leasing 3.0% 8.7% 15.5%

Services and other 7.4% 5.7% 8.4%

Energy generation & storage 7.3% 9.9% 2.4%

To compute the growth in sales revenue for each type of revenue, we can use the formula:

((Current Year Revenue - Prior Year Revenue) / Prior Year Revenue) x 100 is percentage growth.

The results are as follows:

% Growth 2018 2017

Automotive sales 82.2% 135.2%

Automotive leasing -41.4% 28.0%

Services and other 114.8% 56.6%

Energy generation & storage 23.0% 852.3%

We can see that the largest percentage of Tesla's revenue, which ranged from 73.7% to 82.3% of total revenue during the three years, comes from automobile sales. The percentage of overall income that comes from services and other revenue, energy generation and storage revenue, and car leasing revenue has all dropped over time.

To know more about Revenue visit:

https://brainly.com/question/8645356

#SPJ4

Answer: Reduce Spending!

Explanation:

The first step where you can reduce spending and set aside leftover income to reach your financial goals. This can help you create a budget and see where your money is going. By tracking your spending, you can identify areas where you can reduce expenses and save more money. Starting a second source of income can also help you achieve your financial goals faster.

The first step in setting a financial goal is to determine what you want to achieve.

This may involve assessing your current financial situation, identifying areas where you want to improve, and setting specific objectives that you hope to accomplish.

Here are some specific steps you can take to set a financial goal:

Define your objective: Determine what you want to achieve with your finances, such as saving for a down payment on a house or paying off credit card debt.

Assess your current financial situation: Take a close look at your income, expenses, assets, and debts. This will help you determine how much money you have available to work with and what changes you may need to make to achieve your financial goal.

Set a specific goal: Your goal should be specific and measurable, such as "save $10,000 for a down payment on a house within the next two years."

Develop a plan: Create a plan for achieving your goal, including steps you will take and a timeline for completion.

Monitor your progress: Regularly track your progress towards your financial goal and make adjustments to your plan as needed.

Remember that setting a financial goal is just the first step. It's important to commit to your goal and take action to achieve it .

Learn more about financial goal here

https://brainly.com/question/29238593

#SPJ1

The correct answer is (a): Accolade Homes can further divide the property without a new land survey and or subdivision plat if no new streets or access points will be required.

When Constance Roberts subdivided the parcel of land into 25 five-acre lots, she created a legal description of the property and recorded the subdivision with the relevant authorities. The recorded subdivision plat outlines the boundaries of the lots, access points, and any other relevant features of the subdivision. When Accolade Homes purchased the entire subdivision from Roberts, they acquired the right to develop the property further, subject to any restrictions or conditions outlined in the recorded subdivision plat. If Accolade Homes plans to further subdivide the property into lots half the original size, they can do so without a new land survey and subdivision plat if no new streets or access points are required. If Accolade Homes plans to add new streets or access points or make any other changes to the recorded subdivision plat, they would need to go through the appropriate process to obtain the necessary approvals and permits. However, if they plan to develop the subdivision according to the previous subdivision plat, they can do so without any further action.

To know more about Accolade Homes:

https://brainly.com/question/15043803

#SPJ4

Answer:

Explanation:

I would take the following steps:

Assess the situation: Determine the number of additional guests and their needs (seating and food).

Notify the Event Planning department: Let them know that there are 100 additional guests who need seating.

Check available resources: Check if there are any additional tables and chairs that can be quickly brought in to accommodate the additional guests.

Communicate with the Catering department: Inform them of the additional guests and see if they can quickly prepare additional food.

Come up with a contingency plan: If additional seating and food cannot be obtained, consider alternative solutions such as rearranging existing seating, providing standing room only, or offering guests the option to leave and return for another event.

Implement the solution: Take the necessary steps to accommodate the additional guests and ensure that everyone is comfortable and has access to food.

Follow up: After the event, review what went well and what could be improved for future events.

The goal is to quickly and effectively find a solution that ensures that all guests are comfortable and taken care of, and that the banquet runs smoothly.

Analyze the circumstance: Count the extra guests and ascertain their needs (seating and food). Please inform the event planning team that an additional 100 people will require seats.

Events like festivals, conferences, ceremonies, marriages, formal parties, concerts, or conventions can be created and developed on a small-scale or large-scale using the project management methodology. Prior to the event's launch, it entails researching the brand, determining its target market, creating the event concept, and organizing the technical aspects.

Events of all sizes, from the Olympics to business breakfast meetings, are now included in the events industry. Events are held by a variety of businesses, celebrities, charities, and interest groups to promote their brands, foster professional connections, generate money, or recognize accomplishments.

Event planning is the term used to describe the process of organizing the event, which can also include budgeting, scheduling, choosing a location, obtaining the appropriate permits, coordinating transportation, etc

Learn more about Event management, from :

brainly.com/question/30522495

#SPJ2

correct answer is option B. It can be used to tackle temporary conditions or ongoing needs.

Team promoting is a income approach many times used in account-based promoting to close greater deals. Simply put, crew selling is a collaborative income strategy where two or more team individuals work collectively to win business—rather than work these debts on their own.

Ensuring an convenient buying procedure for your clients can distinguish your company from the increasing wide variety of competitors. Team promoting is one of the methods to do it.

Learn more about team selling here:

Alice land has an absolute advantage but not comparative advantage in producing food. Thus, option 3 is correct.

What you accomplish best while also sacrificing the least is your comparative advantage. Your comparative advantage, for instance, would be plumbing if you were also a fantastic babysitter.

If a person can make something cheaper than everyone else, they have a comparative advantage over them. Being the best at something is different from having a comparative advantage. In fact, even if someone is fully untrained in a certain area, they can nevertheless excel in that area.

Absolute Benefit: the capacity of a producer to outproduce a rival in terms of production of a good or service. Comparative advantage: When a producer can create a good or service for less money than a rival. Alice land has an absolute advantage but not comparative advantage in producing food.

To Know more about comparative advantage

https://brainly.com/question/13221821

#SPJ4

Complete question:

Option (c), His management and the project team have also given their clearance for him to use the content and organizational elements from these other sites. This would be a type of formal benchmarking.

Benchmarking is the process of contrasting a company's goods, services, or practices with those of another business that is thought to be the "best in class" in the sector. Benchmarking's objective is to identify areas for internal improvement.

The two primary types of benchmarking that exist are formal and informal benchmarking. Performance and best practice benchmarking are the two formal benchmarking categories. Most of the informal benchmarking we perform at work and in our personal lives is unconsciously done.

The ideas expressed in informal benchmarking are combined into a defined technique or set of activities by formal benchmarking, which employs a systematic approach.

Learn more about benchmarking: https://brainly.com/question/1104065

#SPJ4

The complete question is:

Michael, a systems analyst, is preparing a closed wiki site for Northstate Bank. He has written permission from eight other companies to view their internal wiki sites, and also has approval from his manager and the project team to use these other sites for ideas and structure. This would be a form of:

O a. Business Process Automation

O b. Business Process Improvement

Oc. Formal Benchmarking

O d. Technology Analysis

O e. Informal Benchmarking

b. Average collection period measures the number of days accounts receivable are held before the firm collects cash from the sale

The average collection period is a financial term that gauges how long it typically takes a business to get credit sales payments from customers. The time frame represents the amount of days before the business receives payment from the sale that accounts receivable are unpaid. It can be figured out by dividing the entire amount of receivables by the typical daily credit sales.

It is a vital indicator for businesses to track because it has an effect on the company's overall cash flow and financial health. A lengthier typical collection period can indicate that the company is having problems getting its customers to pay, which could result in cash flow issues and a higher risk of bad debt.

Read more about the Average collection period on:

https://brainly.com/question/16008873

#SPJ4

The building of a new factory by Boeing and the stockbroker buying 10,000 shares of Starbucks stock would be considered as investment.

From an economic perspective, investment refers to the use of money or resources to acquire capital goods, such as equipment, buildings, or other assets, that are expected to generate income or profits in the future. Therefore, both the building of a new factory by Boeing and the stockbroker buying 10,000 shares of Starbucks stock would be considered as investment.

Buying a home, such as Oprah buying a $10 million home from a fellow celebrity, would generally not be considered investment from an economic standpoint, as it does not involve the acquisition of capital goods that are expected to generate income or profits in the future. However, in some cases, buying a home with the intention of renting it out or using it for business purposes could be considered investment.

Read more on investment here:https://brainly.com/question/27717275

#SPJ1

Total  Cash 57,595 ,Office Building 185,000 ,Land 92,500 ,Computer Systems 12,800 ,Office Supplies 445 ,Accounts Receivable 400 ,Accounts Payable 9,735 ,Capital Stock 600,000.

What is Accounts ?

Accounts is a branch of economics that deals with the monitoring and recording of financial transactions. It is an important part of any business or organization, as it helps track and document how money is being used and received. Accountants use various methods and standards to record, analyze, and report financial information to stakeholders. This includes using double-entry bookkeeping to record expenses and income, creating financial statements to summarize financial activity, and using financial ratios to measure an organization’s financial performance. Accountants can also provide advice on tax matters, and help organizations develop budgets and financial forecasts..

Feb. 1

No journal entry required

Feb. 10

Cash 55,500

Office Building 185,000

Land 92,500

Feb. 16

Cash 12,800

Computer Systems 12,800

Feb. 18

Cash 885

Accounts Payable 8,850

Feb. 22

Cash 445

Office Supplies 445

Feb. 23

Cash 385

Accounts Receivable 385

Feb. 27

Cash 885

Accounts Payable 885

Feb. 28

Cash 25

Accounts Receivable 25

To learn more about Accounts

https://brainly.com/question/28326305

#SPJ1