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Hwang purchased land for a new plant that it intends to construct. A portion of the cost was a commission paid to a real estate
Hwang purchased land for a new plant that it intends to construct. A portion of the cost was a commission paid to a real estate agent. That commission was capitalized as part of the cost of the land.Propose an adjusting entry or not? if yes, what adjusting entry will be and why?
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