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ILI TUI the work you have completed so far. It does not ine Listed below are costs (or discounts) to purchase or construct new plant
ILI TUI the work you have completed so far. It does not ine Listed below are costs (or discounts) to purchase or construct new plant assets. Indicate whether the costs should be exper capitalized (included in the cost of the plant assets on the balance sheet.) For costs that should be indicate in which categor assets (Equipment, Building, or Land) the related costs should be recorded on the balance sheet. X Answer is complete but not entirely correct. Event 1. 2. 3. 4 List Demolition costs to remove an old building on land purchased Repair costs to fix new equipment damaged by the crew that unpacked it Costs to clear and grade land purchased for a new plant Parking ticket fees incurred by the delivery truck that illegally parked when delivering new equipment Janitorial costs incurred to clean equipment Proceeds received from selling scrap metal from old equipment being replaced Fees to perform necessary tests of new equipment Permit charges incurred by a delivery driver to transport new equipment to the warehouse Catego Capitalized - Buildi Expensed Capitalized - Land Capitalized - Equipe Expensed Capitalized - Building Capitalized - Equipm 5. 6. 7 8. Expensed
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