Business, 24.05.2021 16:00 andrejr0330jr

1. On March 1, 2014, Zed 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 $9,400; the salvaged materials were sold for $1,700. A. Determine the amount to be reported as the cost of the land.(1pt) b. For each cost not used in part (a), indicate the account to be debited

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1. On March 1, 2014, Zed Company acquired real estate on which it planned to construct a small offic...

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