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Lumpsum, Inc., purchased land and two buildings at a total cost of $28,000. The appraised value for each item is as follows: Land Building 1
Lumpsum, Inc., purchased land and two buildings at a total cost of $28,000. The appraised value for each item is as follows: Land Building 1 $12,000 $10,000 $18,000 Building 2 At what amount should Land be debited
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