Belltone company made the following expenditures related to its 10-year-old manufacturing facility:

1. the heating system was replaced at a cost of $205,000. the cost of the old system was not known. the company accounts for improvements as reductions of accumulated depreciation.
2. a new wing was added at a cost of $780,000. the new wing substantially increases the productive capacity of the plant.
3. annual building maintenance was performed at a cost of $15,500.
4. all of the machinery on the assembly line in the plant was rearranged at a cost of $42,000. the rearrangement clearly increases the productive capacity of the plant. required: prepare journal entries to record each of the above expenditures. (if no entry is required for a particular event, select "no journal entry required" in the first account field.)

Peppy roaney believes that pizza is a much more versatile dish than most people realize. as the national marketing manager for pizza guys, he observed how consumers were delighted with barbecue pizza, hawaiian pizza, mexican pizza and other unique combinations. his suggestions for other unusual pizzas, however, were met with a negative response by his superiors. even some of his colleagues laughed at his ideas. peppy's confidence in his ability to understand the market has led him to focus on planning a business of his own. peppy realizes that he will take a risk when he leaves his job with pizza guys and embarks upon a new venture: peppy's pizzazzeria. peppy is excited about the potential of profitably catering to the unmet desires of pizza consumers. peppy is confident that peppy's pizzazzeria will be a success, but only if he has enough money to do things right. since peppy has very little personal wealth, he knows he must obtain financial assistance. in order to prepare for meetings with bankers and p

Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.

Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?