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intermediate Accounting Time left 1:18:31 Question 46 Not yet answered Marked out of 1 P Flag question ABC Company purchased a building owned by Mr.Ahmed

intermediate Accounting

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Time left 1:18:31 Question 46 Not yet answered Marked out of 1 P Flag question ABC Company purchased a building owned by Mr.Ahmed for a purchase price of OMR 100,000. ABC paid for brokerage fee of OMR 500, property taxes of OMR 1,000, title fees and attorney fees of OMR 500, renovations and repairs of OMR6,000. The building permits and insurance paid by Mr.Ahmed was OMR 3,000. How much is the total cost of building to be recorded in the books of ABC? a. None of these b. 107,000 O c. 102,000 d. 108,000

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