Alpha Communications purchased a broadcasting license from local government to operate a radio station in one of its counties. Which of the following costs is not included in the costs of the broadcasting license?

The city of Belle collects property taxes for other local governments—Beau County and the Landis Independent School District (LISD). The city uses a Property Tax Collection Custodial Fund to account for its collection of property taxes for itself, Beau County, and LISD.The following transactions and events occurred for Belle's Custodial Fund.1. Property taxes were levied for Belle ( $1,000,000), Beau County ( $500,000) andLISD ( $1,500,000). Assume taxes collected by the Custodial Fund will bepaid to Belle’s General Fund.2. Property taxes in the amount of $2,250,000 are collected. The percentage collectedfor each entity is in the same proportion as the original levy.3. The amounts owed to Beau County and LISD are recognized.4. The Custodial Fund distributes the amounts owed to the three governments.Prepare journal entries to record the above transactions and events for Belle’s Custodial Fund. If an entry affects more than one debit or credit account, enter the accounts in order of…

Zoomer inc. purchased a parcel of land with the intention of mining for phosphate. How should ghe land be recorded in zoomer ‘s financial statement while the company is determing the technical feasibility of mining the land? Assume that zoomer reports under ifrs

The general real estate practice term for the standard by which real estate commission disputes are decided is, "Which real estate professional was the 4. of the sale?" The general real estate term for a real estate buyer who offers to purchase a property owner's property on terms otherwise acceptable to the owner/seller, who also has the financial capability to complete the purchase, is a buyer who is 5. and

In 2020, Company W elected under Section 179 to expense $19,300 of the cost of qualifying property. However, it could deduct only $15,000 of the expense because of the taxable income limitation. In 2021, Company W's taxable income before any Section 179 deduction was $1,812,000. Required: a. Compute its 2021 Section 179 deduction if the total cost of qualifying property purchased in 2021 was $13,600. b. Compute its 2021 Section 179 deduction if the total cost of qualifying property purchased in 2021 was $1,048,000. Complete this question by entering your answers in the tabs below. Answer is complete but not entirely correct. Required A Required B Compute its 2021 Section 179 deduction if the total cost of qualifying property purchased in 2021 was $1,048,000. Deduction $ 1,040,000 X

A buyer working with QRS Realty wants to make an offer on a property. To save time, the buyer makes a verbal offer of $210,000 and the seller agrees. The offer is: -invalid because it does not include a closing date-unenforceable because it is not in writing-voidable because the licensee did not review the offer-unilateral because the contract is not exclusive