ringGeography

unchld$=48$bd$129$a$-74$c$0-49$c$8-8$c$6$c$-61915$e$8$a$6661$#$/$question$/2$

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Valerie Lopez $-$ Fa$...$

Valerie Lopez $-$

Sheffeld Corp. was organized on January $1.$ During the first year of operations, the following plant asset expenditures and receipts were recorded in random order.

$\backslash$table$[[$Debit$,,],[1.,$Cost of filling and grading the land,$ $4,500],[2.,$Full payment to building contractor,$697,000],[3.,$Real estate taxes on land paid for the current year,$4,500],[4.,$Cost of real estate purchased as a plant site $($land $$108,000$ and building $$46,000),154,000],[5.,$Excavation costs for new building,$39,500],[6.,$Architect's fees on building plans,$14,500],[7.,$Accrued real estate taxes paid at time of purchase of real estate,$2,500],[8.,$Cost of parking lots and driveways,$13,500],[9.,$Cost of demolishing building to make land suitable for construction of new building,$25,500],[,,$$$955,500],[$Credit$],[10.,$Proceeds from salvage of demolished building,$ $4,000]]$

Analyze the foregoing transactions using the following column headings. Insert the amounts in the appropriate columns. $($If an amount reduces the account balance then enter with a negative sign preceding the number, e$.$g$.-15,000$ or parenthesis, eg$.(15,000).)$

$\backslash$table$[[$Buildings$],[$$$4$