Swifty supply company, a newly formed corporation, incurred the following expenditures related to land, to buildings, and to machinery and equipment. abstract company’s fee for title search $624 architect’s fees 3,804 cash paid for land and dilapidated building thereon 104,400 removal of old building $24,000 less: salvage 6,600 17,400 interest on short-term loans during construction 8,880 excavation before construction for basement 22,800 machinery purchased (subject to 2% cash discount, which was not taken) 66,000 freight on machinery purchased 1,608 storage charges on machinery, necessitated by non completion of building when machinery was delivered 2,616 new building constructed (building construction took 6 months from date of purchase of land and old building) 582,000 assessment by city for drainage project 1,920 hauling charges for delivery of machinery from storage to new building 744 installation of machinery 2,400 trees, shrubs, and other landscaping after completion of building (permanent in nature) 6,480 determine the amounts that should be debited to land, to buildings, and to machinery and equipment. assume the benefits of capitalizing interest during construction exceed the cost of implementation. company uses net method to record discount.

Barbara jones opened barb’s book business on february 1, 2010. the company specilizes in editing accounting textbooks. you have been hired as manager. your duties include maintaining the company’s financial records. the following transactions occurred in february , the first month of operations. a. received shareholders' cash contributions on february 1 totaling $16,000 to form the corporation; issued 1,000 shares of common stock. b. paid $2,400 cash on february 2 for three months' rent for office space. tip: for convenience, simply record the full amount of the payment as an asset (prepaid rent). at the end of the month, this account will be adjusted to its proper balance. c. purchased and received supplies on february 3 for $300 cash. d. signed a promissory note on february 4, payable in two years; deposited $10,000 in the company's bank account. e. on february 5, paid cash to buy equipment for $2,500 and land for $7,500. f. placed an advertisement in the local paper on february 6 for $425 cash. g. recorded sales on february 7 totaling $1,800; $1,525 was in cash and the rest on accounts receivable. h. collected accounts receivable of $50 from customers on february 8. i. on february 9, repaired one of the computers for $120 cash. tip: most repairs involve costs that do not provide additional future economic benefits. j. incurred and paid employee wages on february 28 of $420.required: set up appropriate t-accounts for cash, accounts receivable, supplies, prepaid rent, equipment, furniture and fixtures, notes payable, contributed capital, service revenue, advertising expense, wages expense, and repair expense. all accounts begin with zero balances.tip: when preparing the t-accounts, you might find it useful to group them by type: assets, liabilities, stockholders’ equity, revenues, and expenses.2. record in t-accounts the effects of each transaction in february, referencing each transaction in the accounts with the transaction letter. show the unadjusted ending balances in the t-accounts. 3. prepare an unadjusted trial balance at the end of february.4. refer to the revenues and expenses shown on the unadjusted trial balance. based on this information, write a short memo offering your opinion on the results of operations during the first month of business.

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

The questions of economics address which of the following ? check all that apply