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  3. a. a company orders and receives 10 personal compu

a. A company orders and receives 10 personal computers for office use for which it...

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Accounting

a. A company orders and receives 10 personal computers for office use for which it signs a note promising to pay $20,000 within three months.D. A company purchases for $36,000 cash a new delivery truck that has a list ("sticker") price of $39,000.c. A women's clothing retaller orders 30 new display stands for 5450 each for future delivery.d. A new company is formed and Issues 100 shares of stock for $10 per share to investors.e. A company purchases a plece of land for $44,000 cash. An appraiser for the buyer valued the land at $50,300.f. The owner of a local company uses a personal check to buy a $17,500 car for personal use. Answer from the company's point of VIew.g. A company borrows $9,500 from a local bank and signs a six-month note for the loan.h. A company pays $3,000 owed on Its 10-year notes payable (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 (f), what accounting concept did you apply?
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