Business, 24.05.2021 20:30 calvinclifton
Wildhorse Co. acquires land for $200000 cash. Additional costs are as follow.
Removal of shed $2300
Filling and grading 8800
Salvage value of lumber of shed 1290
Broker commission 4550
Paving of parking lot 36000
Closing costs 4800
Wildhorse will record the acquisition cost of the land as:.
a. $200000.
b. $221740.
c. $219160.
d. $220450.
Answers: 2
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Wildhorse Co. acquires land for $200000 cash. Additional costs are as follow.
Removal of shed $2300...
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