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I am struggling. Any help would suffice, Thank you! Aliocating payments and receipts to fixed asset accounts The following payments and receipts are related to
I am struggling. Any help would suffice, Thank you! Aliocating payments and receipts to fixed asset accounts The following payments and receipts are related to land, land improvements, and bulldings acquired for use in a wholesale ceramic business. The receipts are identified by an asterisk for each letter and enter the appropriate amount. CMer receipts as negative amounts using the mincs aign. Assign each payment and receipt to Land (unlimited life), Land Improvements (limited Ife), Building, or Ohher Accounts. Choose the correct account from the dropdown list each letter and enter the appropriate amount. Enter receipts as negative amounts using the minus sign. 2. Determine the amount debited to Land, Land Improvements, and Buldeng. 3. Land used as a plant site lose its ability to provide 1e reces. thos. deprecided. Hovrevec land mprovements lose their ability to provide services as time penses and aref thecdifne. Improvements rather than Land? Assume Land improvements are deprecated oven a 201, far 1fe icifig the deuble-decining-balance method
I am struggling. Any help would suffice, Thank you!
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