Question: Landimprovements are: Saved 2 : 2 0 Additions that increase the usefulness of land and are not depreciated. Additions to land that have limited useful
Landimprovements are:
Saved
:
Additions that increase the usefulness of land and are not depreciated.
Additions to land that have limited useful lives.
Included in the cost of the land account.
Expensed in the period incurred.
Also called basket purchases.
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