Eagle Country Club has acquired a lot to construct a clubhouse. Eagle had the following costs related
Question:
Determine the cost of the Club House to be reported on the balance sheet.$____
Transcribed Image Text:
Architects' fees Construction labor Engineers' fees Fences around building Grading and leveling Insurance costs incurred during $45,000 80,000 15,000 9,000 10,000 7,000 construction Interest on money borrowed for 5,000 construction Land Building Materials Sales taxes Trees and shrubs 73,000 237,000 6,000 6,000
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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