A Company Made the Following Expenditures in Connection with the Construction

question 254

Essay

A company made the following expenditures in connection with the construction of a new building:
$$\begin{array} { l l } \text { Architect's fees } & \$ 12,000 \\\text { Cash paid for land and unusable building on the land } & 300,000 \\\text { Removal of old building } & 18,000 \\\text { Salvage from sale of old building materials } & ( 4,000 ) \\\text { Construetion survey } & 1,500 \\\text { Legal fees for title search } & 3,000 \\\text { Excavation for basement construction } & 25,000 \\\text { Machinery purchased for operations } & 100,000\end{array}$$
Storage and delivery charges on machinery because building
$\begin{array}{ll}\text { Was not ready when machinery was delivered } & 900 \\\text { Freight on machinery purchased } & 1,600 \\\text { Construction costs of new building } & 1,000,000 \\\text { Tnstallation of machinery } & 2,500\end{array}$

Prepare a schedule showing the amounts to be recorded as Land,Buildings,and Machinery.

Grasp the concept of moral development levels and how they relate to professional behavior.

Identify the impact of ethical dilemmas on decision-making in professional selling.

Understand the legal and ethical dimensions of employment practices, including the prohibition of discrimination and harassment.

Comprehend the importance of ethical behavior in building professional relationships and trust with clients.

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Definitions:

Heritability

A measure in genetics that indicates how much of the variation in a particular trait within a population can be attributed to genetic differences among individuals in that population.

Reciprocal Determinism

A concept in psychology proposed by Albert Bandura, suggesting that a person's behavior is influenced by personal factors, the environment, and the behavior itself, all of which interact with each other.

Id

In psychoanalytic theory, the part of the personality that contains our primal impulses, desires, and needs.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the superego, and reality.