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FULL SCREEN PRINTERVEN Question 16 Blossom Hospital installs a new parking lot. The paving cost $29200 and the lights to iluminate the new parking aree
FULL SCREEN PRINTERVEN Question 16 Blossom Hospital installs a new parking lot. The paving cost $29200 and the lights to iluminate the new parking aree cost $11400. Which of the following statements is true with respect to these additions O $39200 should be debited to the Land account $11400 should be debited to Land Improvements. O $40600 should be dehited to the Land account, O $40600 should be debited to and Improvements Question Attempts of I used EL NI Question 13 A company purchased property for $294000. The property included an acre of land valued at $46000, a building valued at 3148000, and equipment valued at $12000. The building will be recorded at a cost of (Round intermediate calculation to decimal places and final answer to decimale 1,250) $145000 O $162000 3280000 D $135975 Question Attemptsio of 1 und FULL SCREEN PRINTER Question 14 On October 1, 2021. Concord Wind Turbine Company places a new asset into service. The cost of the asset is $16000 with an estimated Sea ife and S1600 residual walue at the end ofta useful life. What is the depreciation expense for 2021 Concord Wind Turbine Company uses the straight-line method of depreciation? 0 5720 O $1200 $960 Question Attempts of 1 used FULL MEREEN ERINTEN NET Question 15 A company purchased factory equipment on June 1, 2021 for $42000, estimated that the equipment will have $6000 residual value at the end of its 10-year welt ung the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021 is 0 $4200 0 3600 $2100 56000 Question Attempts of use
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