Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Sep 2017 My Price 3.00

lump-sum purchase

(Learning Objective 1: Lump-sum purchase of assets) Suppose you get a good buy on land, a building, and some equipment. At the time of your acquisition, the land has a current market value of $80,000, the building"s market value is $80,000, and the equipment"s market value is $40,000. Journalize your lump-sum purchase of the 3 assets for a total cost of $150,000. You sign a note payable for this amount.

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Sep 2017 06:09 PM My Price 3.00

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