Question
Below you will find a list of various expenditures that an organization could make. Required 1. In the columns marked Land, Building, Equipment and Expensed,
Below you will find a list of various expenditures that an organization could make.
Required
1. In the columns marked Land, Building, Equipment and Expensed, indicate by a + or which columns the expenditure would be added to or subtracted from. The first line has been completed for you as an example.
| Item | Land | Building | Equipment | Expensed |
| Example: Construction costs |
| + |
|
|
| Title search |
|
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|
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| Property transfer tax |
|
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|
|
| Installation of equipment |
|
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|
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| Soil decontamination costs |
|
|
|
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| Transportation costs of equipment |
|
|
|
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| Labour to construct building |
|
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|
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| Special foundation for machinery |
|
|
|
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| Damage to machinery while uncrating |
|
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| Proceeds from salvage of old building on land purchased for factory site |
|
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|
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| Property taxes in arrears paid on purchase |
|
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| Insurance on building after occupancy |
|
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|
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| Clearing land for factory site |
|
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|
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| Annual maintenance on equipment |
|
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|
|
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