On November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to construct a building for $1,400,000...
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On November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to construct a building for $1,400,000 on land costing $100,000 (purchased from the contractor and included in the first payment). Shalla made the following payments to the construction company during 2017. January 1 March 1 May 1 December 31 Total $210,000 $300,000 $540,000 $450,000 $1,500,000 On November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to construct a building for $1,400,000 on land costing $100,000 (purchased from the contractor and included in the first payment). Shalla made the following payments to the construction company during 2017. January 1 March 1 May 1 December 31 Total $210,000 $300,000 $540,000 $450,000 $1,500,000
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A B D Calculation of Weighted Average Accumulated Expenditure Weighted Average Expenditure S B3... View the full answer
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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