part 2 to this question

Required information [The following information applies to the questions displayed below.) The following are independent situations. OOK a. A new company is formed and sells 100 shares of $1 par value stock for $12 per share to investors.. b. A company purchases for $18,000 cash a new delivery truck that has a list, or sticker price of $21,000. c. A women's clothing retailer orders 30 new display stands for $300 each for future delivery. d. A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $25,000 within three months. e. A construction company signs a contract to build a new $500,000 warehouse for a corporate customer. At the signing, the corporation writes a check for $50,000 to the construction company as the initial payment for the construction (receiving construction in progress). Answer from the standpoint of the corporation (not the construction company f. A publishing firm purchases for $40,000 cash the copyright (an intangible asset) to a manuscript for an introductory accounting text. 9. A manufacturing firm declares a $100.000 cash dividend to be distributed to stockholders next period. h. A company purchases a plece land for $50,000 cash. An appraiser for the buyer values the land at $52,500. I. A manufacturing company acquires the patent (an intangible asset) on a new digital satellite system for television reception, paying $500,000 cash and signing a $400,000 note payable due in one year. J. A local company is a sole proprietorship (one owner); its owner buys a car for $10,000 for personal use. Answer from the local company's point of view. k. A company purchases 100 shares of Apple Inc. common stock as an investment for $5,000 cash L. A company borrows $1,000 from a local bank and signs a six-month note for the loan. m. A company pays $1,500 principal on its note payable (ignore interest). rences 2-a. At what amount would you record the truck in transaction (b)? The land in transaction (h)? Total truck Total land 2-b. What measurement principle are you applying while recording transaction (b) and (h)? These are applications of the