Question
Maldive Company completes the construction of a building. The following independent items are the costs and other aspects relevant to the purchase of the lot
Maldive Company completes the construction of a building. The following independent items are the costs and other aspects relevant to the purchase of the lot and construction A. Cash payment to contractor Br. 100, 000 B. Total sales tax on materials used in construction in addition to payments made to contractor 30, 000 C. Gross cost to raze old building on land 20, 000 D. Cost of land (building site) 50, 000 E. Proceeds from old building salvage 5, 000 F. Power bill for electricity used in construction 2, 000 G. Interest on purchase of materials 1, 000 H. Capitalized interest on construction 3, 000
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