Sunland Company acquires land for $77000 cash. Additional costs are as follows.
Removal of sh...
Business, 05.05.2020 21:09 dmurdock1973
Sunland Company acquires land for $77000 cash. Additional costs are as follows.
Removal of shed $500
Filling and grading 1600
Salvage value of lumber of shed 170
Broker commission 1150
Paving of parking lot 11000
Closing costs 500
Sunland Company will record the acquisition cost of the land as:
Answers: 1
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