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on April 1, Nadia Corporation purchased for 17.000 a tract of land on which was located a warehouse and office building. The following data were
on April 1, Nadia Corporation purchased for 17.000 a tract of land on which was located a warehouse and office building. The following data were collected concerning the property Asset Vendor's Original Cost Current Assessed Valuation 160.000 Land 55,000 36,000 Warehouse Office building Total 40,000 B0.000 CIB0.000 68.000 100.000 What are the appropriate amounts that Nadia should record for the land
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