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Business, 30.11.2019 04:31 rmathias485

Exercise 9-3 on march 1, 2019, blossom company acquired real estate on which it planned to construct a small office building. the company paid $80,000 in cash. an old warehouse on the property was razed at a cost of $10,400; the salvaged materials were sold for $2,700. additional expenditures before construction began included $1,600 attorney's fee for work concerning the land purchase, $5,500 real estate broker's fee, $7,400 architect's fee, and $13,000 to put in driveways and a parking lot. determine the amount to be reported as the cost of the land cost of land

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Exercise 9-3 on march 1, 2019, blossom company acquired real estate on which it planned to construct...
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