Question
On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022.
On January 1, 2021, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 $330,00 September 1, 2021 $495,00 December 31, 2021 $495,00 March 31, 2022 $495,00 September 30, 2022 $330,00 Dreamworld had $6,500,000 in 12% bonds outstanding through both years.
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Accounting For Governmental And Nonprofit Entities
Authors: Jacqueline Reck, Suzanne Lowensohn, Daniel Neely
19th Edition
1260118851, 9781260118858
