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help please Cala Manufacturing purchases land for $485,000 as part of its plans to build a new plant. The company pays $35,800 to tear down
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Cala Manufacturing purchases land for $485,000 as part of its plans to build a new plant. The company pays $35,800 to tear down an old building on the lot and $52,922 to fill and level the lot. It also pays construction costs of $1,550,000 for the new building and $97,841 for lighting and paving a parking area Prepare a single journal entry to record these costs incurred by Cola, all of which are paid in cash. View transaction list Journal entry worksheet A Record the total costs of the plant assets. Nota bor debts before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal Step by Step Solution
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