On July 1, 2016, Jekel & Hyde Inc. purchased land and incurred other costs relative to the construction of a new warehouse. A summary of economic activities is listed below:

Purchase price $185,000

Title insurance $1,500

Legal fees to purchase land $1,000

Cost of razing old building on lot 8,500

Proceeds from sale of salvageable materials (1,200)

Property taxes, January 1, 2016–June 30, 2016 3,000

Cost of grading and filling building site 9,000

Cost of building construction 620,000

Interest on construction loan 12,000

Cost of constructing driveway 8,000

Cost of parking lot and fencing 12,000

Required:

Create an Excel worksheet to summarize and indicate the accounts (building, land etc.) that would be affected by the above transactions and the resulting balance in each account. Apply the interest on the construction loan to the cost of the building only.

answer; radioactive decay)

the answer is . a novel has no sub-plot, but a novella does

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

you can put this in your 11 sentence summary

" most of the money would be invested in innovation, economic convergence."