New Age Builders plans to build a custom home. They spent the following accounts: land purchase $70,000, surveys and legal fees $2,800, land clearning $3,000, installing fences around the property $3,100 and installing lighting and signage $400. What amount should be recorded as the land cost? a $76,200 b $78,900 C $75,800 Od $79,300 Question 24 (1 point) On January 1, 2014, the Allowance for Doubtful Accounts has a credit balance of $18.000. During 2014, $30,000 of uncollectible accounts receivable were written off. An ageing schedule indicates that uncollecoble accounts are $20,000 at the end of 2014, What is the required adjustment to the allowance for doubtful accounts at December 2014? $32,000 $20,000 $2,000 Od $8,000