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Multiple Choice Question 65 Concord Company acquires land for $85300 cash. Additional costs are as follows: Removal of shed Filling and grading Salvage value of
Multiple Choice Question 65 Concord Company acquires land for $85300 cash. Additional costs are as follows: Removal of shed Filling and grading Salvage value of lumber of shed Broker commission Paving of parking lot Closing costs $ 280 1600 140 1110 9500 Concord will record the acquisition cost of the land as $86910. $88930 $88650 $94800
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