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The following are independent situatons? a. A company orders and receives 10 personal computers for olice use for waich it sigrs a note promising to

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The following are independent situatons? a. A company orders and receives 10 personal computers for olice use for waich it sigrs a note promising to pay $20000 within three months. b. A compary purchases for $23,000 cash a new delivery truck that has a list futcket? petce or $26,000. c. A women's dothing retaller orders 30 new display stands for $320 each for future dellery. d. A new company is formed and issues 100 shares of stock for $11 per share to investors. e. A company purchases a plece of land for $52000 cash. An appraser for the buyer valued the land at $54,900 f. The owner of a local company uses a personal check to buy a 511,000 car for personal use. Answer from the compary's point; of vew. 9. A company borrows $3,000 from a local bank and signs a socmonth note for the loan. h. A company pays $1,700 owed on its 10 yearnotes payable ngnore interech. Requlred: 1. Indicate tites of the appropnate accounts, if any, affected in each of the preceang events. 2.a. At what amount would you fecord the delivery truck in (D) ? 2.b. At what amount would you record the piece of land in (eP? 2.c. What measurement principle are you applying? 3-a. What reasoning did you apply in /c ? 3-b. For (1), what occounting concept did you apply? (8) Answer is complete but not entirely correct. Complete this question by entering yase answers in the tabs helow. Indicate tities of the abprograte accounts. if any, affected an wach of the preceding tvents. (if no =nty b fuguired for a traniaction/mvent telect " No transaction? is the first account field.) The following are independent situations: a. A company orders and recelves 10 personal computers for office use for which ir signs a note promising to pay $20.000 wthin three months. b. A company purchases for $23,000 cash a new delivery truck that has a list ("sucker" price of $26,000. c. A women's clothing retalier orders 30 new display stands for $320 each for future delivery. d. A new company is formed and issues 100 shares of stock for $11 per share to investors. e. A company purchases a plece of land for $52,000cash. An appraiser for the buyer valued the land at $54,900. 7. The owner of a local company uses a personal check to buy a $11,000 car for personal use. Answer from the companys point of vew. 9. A company borrows $3,000 from a local bank and signs a stx-month note for the loan h. A company pays $1,700 owed on its 10-year notes payoble (ignore interest. Required: 1. Indicate titles of the appropriate accounts, If any, affected in each of the preceding events 2-a. At what amount would you record the delivery truck in (b) ? 2-b. At what amount would you record the plece of land in e ? 2-c. What measurement principle are you applying? 3.a. What reasoning did you apply in ( C ? 3-b. For (7), what accounting concept did you apply? A Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. At what amount would you record the delivery truck in (b)? The following are independent situations. a. A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $20,000 with $ three months: b. A company purchases for $23,000 cash a new dellvery truck that has a tist ('sticker") price of $26,000 c. A women's clothing retaller orders 30 new display stands for $320 each for future dellvery: d. A new compony is formed and issues 100 shares of stock for $11 per share to irvestors. e. A company purchases a plece of land for $52,000 cash. An appraiser for the buyer valued the land at $54,900 fThe owner of a local company uses a personal check to buy a $11,000 car for personal use Answer from the company's point of vew. 9. A company borrows $3.000 from a local bank and signs a six-month note for the loan. h. A company pays $1.700 owed on its 10 -year notes payable (tgnore interest): Required: 1. Indicate titles of the appropriate accounts. If any. affected in eoch of the preceding events 2-a. At what amount would you record the deivery truck in (b ? 2.b. At what amount would you record the piece of land in (e)? 2.c. What measurement principle are you applying? 3-a. What reasoning did you apply in (C?) 3.b. For (9). what accounting concept did you apply? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs balow. At what amount would you record the piece of land in (e)

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