![subject](/tpl/images/cats/ekonomika.png)
Business, 18.02.2020 05:25 allimaycatp8qgaq
Martin Corporation purchased land in 2007 for $290,000. In 2015, it purchased a nearly identical parcel of land for $460,000. In its 2015 balance sheet, Martin valued these two parcels of land at a combined value of $920,000. By reporting the land in this manner, Martin Corp. has violated the
a. historical cost principle
b. convergence
c. economic entity assumption
d. monetary unit assumption
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:40, avagracegirlp17zx2
On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:50, adrianmelchor146
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
You know the right answer?
Martin Corporation purchased land in 2007 for $290,000. In 2015, it purchased a nearly identical par...
Questions in other subjects:
![Konu](/tpl/images/cats/biologiya.png)
Biology, 06.11.2020 18:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 06.11.2020 18:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 06.11.2020 18:30
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 06.11.2020 18:30
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/en.png)
English, 06.11.2020 18:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 06.11.2020 18:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 06.11.2020 18:30
![Konu](/tpl/images/cats/informatica.png)
Computers and Technology, 06.11.2020 18:30