Question
Land was acquired in 2013 for a future building site at a cost of $40,900. The assessed valuation for tax purposes is $28,400, a qualified
| Land was acquired in 2013 for a future building site at a cost of $40,900. The assessed valuation for tax purposes is $28,400, a qualified appraiser placed its value at $48,400, and a recent firm offer for the land was for a cash payment of $44,300. The land should be reported in the financial statements at: |
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Environmental Health And Safety Audits A Compendium Of Thoughts And Trends
Authors: Lawrence B. Cahill
2nd Edition
1598889737, 978-1598889734
