Hull Company purchases land for $86,000 in cash. The additional costs are the following: Shed removal $300
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Question:
Hull Company purchases land for $86,000 in cash. The additional costs are the following:
Shed removal $300
Filling and grading 1,500
Salvage value of shed lumber 120
Broker fee 1,130
Parking paving 10,000
Closing costs 560
Record the cost of acquiring the land.
Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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