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*Problem 9-01A Sheridan Company was organized on January 1. During the first year ch operations, the folowing plant asset expenditures ard receipts were recorded in
*Problem 9-01A Sheridan Company was organized on January 1. During the first year ch operations, the folowing plant asset expenditures ard receipts were recorded in random ander Debit 1. Excavation costs for new building 2. Architect's foes on building plans 3. Full payment to buikling contacter 1. Cest of real estate purchased as a plant site and $251,000 and building $25,000) 5. Cesto parking lots and driveways 6. Accrued real estate taxes paid at time of purchase of land 7. Instellation cost of fences around property 8. Cest of demoishing bulding to make and suitable for construction of new building 9. Real estate taxes paid for the current year on land $19,000 29.000 636.000 276,000 25,000 2,770 6,400 27,000 6.000 $1.027,170 Credit 10. Proceeds from sales of damalished building $ 11,600 Analyze the transactions using the following table column reacircs. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (If an amount falls into either the Land or Buildings column, enter "Not Applicable in the account title colum. Enter negative amounts using either a negative sin preceding the number .g.-45 or parenthesesc.g. (45)) Other Accounts Account Title *Problem 9-01A Sheridan Company was organized on January 1. During the first year ch operations, the folowing plant asset expenditures ard receipts were recorded in random ander Debit 1. Excavation costs for new building 2. Architect's foes on building plans 3. Full payment to buikling contacter 1. Cest of real estate purchased as a plant site and $251,000 and building $25,000) 5. Cesto parking lots and driveways 6. Accrued real estate taxes paid at time of purchase of land 7. Instellation cost of fences around property 8. Cest of demoishing bulding to make and suitable for construction of new building 9. Real estate taxes paid for the current year on land $19,000 29.000 636.000 276,000 25,000 2,770 6,400 27,000 6.000 $1.027,170 Credit 10. Proceeds from sales of damalished building $ 11,600 Analyze the transactions using the following table column reacircs. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (If an amount falls into either the Land or Buildings column, enter "Not Applicable in the account title colum. Enter negative amounts using either a negative sin preceding the number .g.-45 or parenthesesc.g. (45)) Other Accounts Account Title
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