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please answer Cala Manufacturing purchases land for $463,000 as part of its plans to bulld a new plant. The company poys $37,000 to tear down
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Cala Manufacturing purchases land for $463,000 as part of its plans to bulld a new plant. The company poys $37,000 to tear down an old buliding on the lot and $54,696 to fill and level the lot. It also pays construction costs of $1,638,100 for the new buliding and $103,402 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cals, all of which ore paid in cash. Journal entry worksheet Record the total costs of the plant assets. Note: Enter debits beiore crests Step by Step Solution
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