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1. 2. 3 Problem 9-01A Sunland Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts

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1. 2. 3 Problem 9-01A Sunland Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order Debit Excavation costs for new building $32,000 Architect's tees on building plans 42,000 Full payment to building contractor 649,000 4 Cost of real estate purchased as a plant site (and $264,000 and building $25,000) 289,000 5. Cost of parking lots and driveways 38,000 6. Accrued real estate taxes paid at time of purchase of land 4,070 7. Installation cost of fences around property 7,700 8. Cost of demolishing building to make tand suitable for construction of new building 40,000 9. Real estate taxes paid for the current year on land 7.300 51.109.070 Credit 10. Proceeds from salvage of demolished building $ 12,900 Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the acc Buildings column, enter "Not Applicable in the account title column. Enter negative amounts using either a negative sin preceding the number ..-45 or paren Other Accounts Amounts Account Title Item Land Building 2000 1 2 Charlot 2000-2020. Wie Sol Rights Reserved. A Division of an ex Soca. In ES IL MIL URUCOUW WIL HOWY W CIU CUya. Lier Ir wom upproprio ora. Buildings column, enter "Not Applicable" in the account title column. Enter negative amounts using either Other Accounts Amounts Account Title Item Land Building 1 $ 32000 2 y 3

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