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Business, 01.11.2019 05:31 ineedhelpplz40

Cowboy development incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building, what amount should be recorded for the purchase of the land? sale price of land $400,000 sale of salvaged parts already on land $20,000 demolition of the old building $30,000 ground breaking ceremony (food/supplies) $1,500 land preparation and leveling $7,500

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Cowboy development incurred the following costs associated with the purchase of a piece of land that...
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