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Indicate whether each of the transactions below would be classified (L) Land, (LI), Land Improvements, (E) Equipment, or (RE) Retained Earnings. Paint and Labor
Indicate whether each of the transactions below would be classified (L) Land, (LI), Land Improvements, (E) Equipment, or (RE) Retained Earnings. Paint and Labor Costs for Painting Store Interior Purchase of Display Racks Purchase of Land for New Parking Lot Cost of removing shed from land prior to installing parking lot Addition of parking spaces(cost to pave and add lighting to the area)
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