Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows: Price listed by seller on January 1, 20Y1 $180,000 Burr Publishers' initial offer to buy on January 31, 20Y1 $140,000
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On june 1, unidevo, inc. purchased $1,700 worth of supplies on account. prior to the purchase, the balance in the supplies account was $0. on december 31, the fiscal year-end for unidevo, it is determined that $800 of supplies still remain.
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