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Business, 29.07.2020 04:01 Animlolie

A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $54,000; the land at $51,400, and the parking lot at $19,600. Land should be recorded in the accounting records with an allocated cost of: Multiple Choice $0. $51,400. $100,000. $47,120. $41,120.

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A company purchased property for $100,000. The property included a building, a parking lot, and land...
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