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Business, 16.04.2020 03:14 crobinson2327

Tonto Company purchased property for $140,000. The property included a building, equipment and land. The building was appraised at $98,000, the land at $63,000, and the equipment at $36,000. What is the amount of cost to be allocated to the building in the accounting records?

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Tonto Company purchased property for $140,000. The property included a building, equipment and land....
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