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16. For each of the following amounts paid by a purchaser, determine whether the amount is debited to Land, Land Improvements, or Building. Transaction Account
16. For each of the following amounts paid by a purchaser, determine whether the amount is debited to Land, Land Improvements, or Building. Transaction Account Debited Building permits Cost of clearing land and removing unwanted buildings Parking lot lighting Delinquent property taxes Cost to renovate a building to make it ready for use Taxes assessed to transfer ownership (title) of land
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