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In Motion T-Shirts pays $340,000 for a group purchase of land, building and ment. At the time of acquisition, the land has a current market
In Motion T-Shirts pays $340,000 for a group purchase of land, building and ment. At the time of acquisition, the land has a current market value of $37.000, the building's current market was market value is $185.000. Prepare a schedule allocating the purchase price of $140.000 to each of the individual purchased based on the relative market values, then you are the lumpsum p signs a note pable for the purchase price $143.000, and the hase of the current The business Prepare a schedule allocating the purchase price of $340,000 to each of the individuales purchased based on their relative m purchase price e then jumate the sum purchase of the tree The business s t eel for the Begin by preparing a schedule allocating the purchase price of $340,000 Market (Sales) Cost of
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