Tire following expenditures were inclined by Rosenberg Company in purchasing land: cash price $50,000. accrued taxes $3,000.

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Tire following expenditures were inclined by Rosenberg Company in purchasing land:

cash price $50,000. accrued taxes $3,000. attorneys' Ices $2,500, real estate broker's commission

$2,000. and clearing and grading $3.5(10. What is the cost of the land?

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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Question Posted: Jun 10, 2024 01:18 AM

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Tire following expenditures were inclined by Rosenberg Company in purchasing land: cash price $50,000. accrued taxes $3,000.

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Financial Accounting Text Only

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