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Current Attempt in Progress On March 1, 2025, Cullumber Supply Company acquired real estate, on which it planned to construct a small office building, by
Current Attempt in Progress On March 1, 2025, Cullumber Supply Company acquired real estate, on which it planned to construct a small office building, by paying $83,500 in cash. An old warehouse on the property was demolished at a cost of $11,900; the salvaged materials were sold for $3,300. Additional expenditures before construction began included $2,700 attorney's fee for work concerning the land purchase, $6,700 real estate broker's fee, $10,300 architect's fee, and $21,500 to put in driveways and a parking lot. (a). (b) For each cost not used in previous part, indicate the account to be debited. Account to be debited
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