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SOAL PPE Plant Property Equipment Synergo Company recently acquired a machine by paying $12,000 cash and signing a 6-month, 10% note for $10,000. In addition,

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SOAL PPE Plant Property Equipment Synergo Company recently acquired a machine by paying $12,000 cash and signing a 6-month, 10% note for $10,000. In addition, Synergo also incurred the following costs related to the machine: freight charges, $500; interest charges, $300; special foundation for machine, $200; installation costs, $1200, fire insurance annual premium $120. Determine the cost of the machine and Journalize all necessary transactions using the information available! O 2 State Post Manufacturing had obtain the following costs in acquiring land, making land Improvements, constructing and furnishing a new building Purchase price of three acres of land Demolishing old building Attorney fee for title search on the land. Fence around the boundary of the property Labor to construct the building Architect's fee for the design of the building Lights for the parking lot and walkways $127.500 9.300 900 15.700 323.100 35.000 27.300 - Set up columns for Land, Land Improvements, and Building. Show how to account for each cost by listing the cost under the correct account. Determine the total cost of each asset and journalize all necessary entry using the information available! Soal Recelvables 1 Holic Co. closes its book at the end of the year. During 2019, the company has notes receivables as follows. Date Maker Face Tems Interest Mel 3 Jomalxne Ltd. 1 year 12% Juni 11 RoselP Ltd. 11 year $70.000,00 $80.000,00 $45.000.00 $30.000,00 Jull 19 3 month Aprico Corp RoyalDive Co. Sept 24 3 month 7% In addition the company also has the following transactions during the year. Juni 18 Made sales of $32,000 on Holic Co. credit cards Holic Co. charges 1.5% every month for every balance duo. Agustus 31 Made sales of $47,000 on Visa credit cards. The credit card service change is 2% Okt 19 Receive notice that Aprico Comp, note has been dishonored Des 24 Receive full payment from RoyalDive Co, on the amount due. Instructions Please joumalize all the transactions stated above along with the adjustments necessary at Dec 31 Note: Asume that the interest on notes are paid by the makers at the time they should be making full payments for the note No need to foumalize the acquirement of the notes receivables Interests are calculated based on days for both Notes and Account Receivables Interest from credit cards are recognized at the end of every month there is sales made on credit cards

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