Question

Marketing Consultants Corporation obtained a building, its surrounding land, and a computer system in a lump-sum purchase for $375,000. An appraisal set the value of land at $189,000, the building at $126,000, and the computer system at $105,000. At what amount should Marketing Consultants record each new asset on its books?



$1.99
Sales0
Views85
Comments0
  • CreatedSeptember 01, 2014
  • Files Included
Post your question
5000