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Bridge City Consulting bought a building and the land on which it is located for $420600 cash. The building is estimated to represent 63 percent
Bridge City Consulting bought a building and the land on which it is located for $420600 cash. The building is estimated to represent 63 percent of the purchase price. The company paid $97050 for building renovations before it was ready for use.
When preparing the journal entry to record all expenditures related to the purchase and renovation, the debit to land would be?
Bridge City Consulting bought a building and the land on which it is located for $420600 cash. The building is estimated to represent 63 percent of the purchase price. The company paid $97050 for building renovations before it was ready for use.
When preparing the journal entry to record all expenditures related to the purchase and renovation, the debit to land would be?
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