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Need help Please!! Cala Manufacturing purchases land for $353,000 as part of its plans to bulld a new plant. The company pays $33,400 to tear
Need help Please!!
Cala Manufacturing purchases land for $353,000 as part of its plans to bulld a new plant. The company pays $33,400 to tear down an old building on the lot and $49,374 to fill and level the lot It also pays construction costs of $1,315,300 for the new bulding and $83,026 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are pald in cash. Journal entry worksheet Step by Step Solution
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