These expenditures were incurred by Ivanhoe Company in purchasing land: cash price $ 58,210 , assumed accrued
Fantastic news! We've Found the answer you've been seeking!
Question:
These expenditures were incurred by Ivanhoe Company in purchasing land: cash price $58,210, assumed accrued taxes $5,500, attorney’s fees $2,190, real estate broker’s commission $3,170, and clearing and grading $4,170.
What is the cost of the land?
The cost of the land | $enter the cost of the land in dollars |
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
Posted Date: