Value of the land to be recorded in the accountig records, Accounting Basics

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Value of the land to be recorded in the accountig records

A company purchased property for $100,000. The property included a building, a parking lot and land. The building was appraised at $62,000; the land at $45,000 and the parking lot at $18,000. The value of the land to be recorded in the accountig records is:

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Accounting Basics: Value of the land to be recorded in the accountig records

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Accounting Basics: Value of the land to be recorded in the accountig records

Reference No:- TGS081199

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Value of the land to be recorded in the accountig records

Reference No:- TGS081199

Recent Questions Asked Accounting Basics

Q : Evaluating the purpose of a message

Q : Company records straight-line amortization

Q : The office of admissions wish to go for computer based

Q : What is saturn''s capital balance

Q : Value of the land to be recorded in the accountig records

Q : Which is the organism of choice for most molecular cloning

Q : Income statement and an owners equity statement

Q : What is eliza''s capital account balance at end of year

Q : What is tomas'' capital balance after closing income summary

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