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Cullumber Company was organized on January 1. During the first year of operations, the following plant asset expenditures and recelpts were recorded in random order.

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Cullumber Company was organized on January 1. During the first year of operations, the following plant asset expenditures and recelpts were recorded in random order. 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 account title. (If an amount falls into either the Land or Buildings column, enter "Not Applicable" in the occount title column. Enter negative amounts using either a negative sign preceding the number es -45 or parentheses es. (45) Question 17 of 19 110 2. 3. 4 5. 6 7. B. 9. 10. 5 s SUPPORT Question 17 of 19 ./10 Debit $27,000 37000 in 644,000 phant site. The property includes a building which will be demolished to prepare the property for bullding a new plant. 284,000 i 33,000 ime of purchase of tand 3,570 property 7.200 The land sultable for constructioniof new bulding 35,000 ent year on land 6,800 $1.077,570 Credit SUPP: hed building $12400

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