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Business, 25.01.2021 23:10 Tylobones

At the midpoint of the current year, a $88,000 check is given for land, and the buyer assumes the liability for unpaid taxes in arrears of $2,200 at the end of last year and those assessed for the current year of $1,980. Determine the cost used for recording the land acquired.

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At the midpoint of the current year, a $88,000 check is given for land, and the buyer assumes the li...
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