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Business, 11.05.2021 18:10 wvtoy4767

A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $60,000; the land at $46,600, and the parking lot at $18,400. Land should be recorded in the accounting records with an allocated cost of: Multiple Choice $46,600. $100,000. $0. $37,280. $43,280.

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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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