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On July 1, 2024, Jekel & Hyde Incorporate warehouse. A summary of economic activ Purchase price Title insurance Legal fees to purchase land Cost
On July 1, 2024, Jekel & Hyde Incorporate warehouse. A summary of economic activ Purchase price Title insurance Legal fees to purchase land Cost of rasing old building on lot Proceeds from eale of salvageable m Property taxes, January 1, 2024-June Cost of grading and filling building Cost of building construction Interest on construction loan Cost of constructing driveway Cost of parking lot and fencing Required: Indicate the accounts that would be affect the interest on the construction loan to the chased land and incurred other costs relative to the construction of a new listed below: 2024 $ 200,000 $3,000 $2,500 11,500 (2,700) 4,500 10,500 635,000 13,500 9,500 13,500 the above transactions and the resulting balance in each account. Apply of the building only.
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