Question: E 9 . 2 ( LO 1 ) , C Adama Company incurred the following costs. 1 . Sales tax on factory machinery purchased 2

E9.2(LO 1), C Adama Company incurred the following costs. 1. Sales tax on factory machinery purchased
2. Painting of and lettering on truck immediately upon purchase 3. Installation and testing of factory machinery
4. Real estate brokers commission on land purchased
5. Insurance premium paid for first years insurance on new truck 6. Cost of landscaping on property purchased
7. Cost of paving parking lot for new building constructed
8. Cost of clearing, draining, and filling land
9. Architects fees on self-constructed building
Instructions
Indicate to which account Adama would debit each of the costs. Determine acquisition costs of land.
$ 5,0007002,0003,5008807,20017,90013,30010,000

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