Calculate the amount to be debited to the building account. At the beginning of the current...
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Calculate the amount to be debited to the building account. At the beginning of the current year. Albino Corporation purchased for P8, 100,000, including appraiser's fee of P75,000, a warehouse building and the land on which it is located. The following data were available concerning the property: Land Warehouse building Current Appraised value 3,000,000 4.500.000 7.500.000 Seller original cost 2,100,000 4,200,000 6.300.000 Calculate the amount to be debited to the building account. At the beginning of the current year. Albino Corporation purchased for P8, 100,000, including appraiser's fee of P75,000, a warehouse building and the land on which it is located. The following data were available concerning the property: Land Warehouse building Current Appraised value 3,000,000 4.500.000 7.500.000 Seller original cost 2,100,000 4,200,000 6.300.000
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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