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Homework: Week 6- Chapter 09 problems 1 of 6(1 complete) Score: 0.26 of 1 pt & P10-30A (similar to) Best Parking, near an airport, incurred
Homework: Week 6- Chapter 09 problems 1 of 6(1 complete) Score: 0.26 of 1 pt & P10-30A (similar to) Best Parking, near an airport, incurred the tollowing costs to acquire land, make land improvements, and construct and furnish a small building HW Score: 4.29%, 0.26 016 pts Question Help ? Best Parking depreciates land improvements over 25 years, buildings over 40 years, and furniture over 10 years, all on a straight-line basis with zero residual value Requirements 1. Show how to account for each cost by listing the cost under the correct account. Determine the total cost of each asset 2. All construction was complete and the assets were placed in service on September 1. Record partial-year depreciation for the year ended December 31 (Click the icon to view the financial data.) Requirement 1. Show how to account for each cost by listing the cost under the correct account Determine the total cost of each asset Begin by listing each cost for items a. through i. first, followed by items i through q. Then determine the total cost of each asset (Leave any unused cells blank) Land ttem Land Improvements Building Furniture S 83,000 6,200 8,200 C. 9,100 600 20,000 9,500 218,000 168000 9900 11200 11900 2600 Enter any number in the edit fields and then click Check Answer Clear All Check Answer remaining
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