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Multiple Choice Question 61 Wildhorse Co. acquires land for $200000 cash. Additional costs are as follow. Removal of shed $2300 Filling and grading Salvage value
Multiple Choice Question 61 Wildhorse Co. acquires land for $200000 cash. Additional costs are as follow. Removal of shed $2300 Filling and grading Salvage value of lumber of shed Broker commission Paving of parking lot Closing costs 8800 1290 4550 36000 4800 Wildhorse will record the acquisition cost of the land as $200000. $221740. 0 $219160. $220450
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