The Ledger Account for Buildings Had a Balance of $520

question 25

Multiple Choice

The ledger account for buildings had a balance of $520 000 at the beginning of the year and a balance of $750 000 at the end of the year. If the buildings have been revalued upwards by $100 000 during the year what is the investing outflow for the period, for buildings, assuming no buildings were sold?

• A) $130 000
• B) $230 000
• C) $750 000
• D) $100 000

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Definitions:

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Marketing strategies aimed at increasing sales or consumer interest in a product or service, often through deals, discounts, or special offers.

Product Placement

The practice of integrating specific products or brands into entertainment media, such as movies or TV shows, to increase visibility and awareness in a subtle manner.

Reese's Pieces

A brand of candy consisting of peanut butter filling enclosed in a hard candy shell, marketed by The Hershey Company.

M&M's

A brand of candy-coated chocolate pieces, manufactured by Mars, Incorporated, known for their variety of colors and flavors.