Question

1. What is the similarity of (a), (b), and (c)?
2. What is the similarity of (a) and (c)?
3. How do (a) and (c) differ from (b)?
Hou are inland (b) similar to each other?​

Answer 1

Step-by-step explanation:

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Louis Dixon, a dentist, resigned from his position with a large dental group in order to begin his

own pediatric dental practice. The practice was organized as a sole proprietorship, called Louis

Dixon Pediatric Dentistry. The business transactions during September while the new venture was

being organized are listed below.

Sept. 1

Sept. 10

Dixon opened a bank account in the name of the business by depositing $50,000 cash,

which he had saved over a number of years.

Purchased a small office building located on a large lot for a total price of $182,400,

of which $106,000 was applicable to the land and $76,400 to the building. A cash

payment of $36,500 was made and a note payable was issued for the balance of the

purchase price.