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Cullumber Clinic purchases land for $510000 cash. The clinic assumes $5200 in property taxes due on the land. The title and attorney fees totaled $3000.
Cullumber Clinic purchases land for $510000 cash. The clinic assumes $5200 in property taxes due on the land. The title and attorney fees totaled $3000. The clinic had the land graded for $6700. What amount does Cullumber Clinic record as the cost for the land? $510000 $516700. $524900. $518200
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Principles Of External Auditing
Authors: Brenda Porter, Jon Simon, David Hatherly
2nd Edition
470842973, 470842970, 978-0470842973
