*Problem 9-1A Swifty SLU was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. 1. 2. 3. 4. 5. 6. 7. 8. 9. Debit Cost of filling and grading the land Full payment to building contractor Real estate taxes on land paid for the current year Cost of real estate purchased as a plant site (land 113,410 and building 44,540) Excavation costs for new building Architect's fees on building plans Accrued real estate taxes paid at time of purchase of real estate Cost of parking lots and driveways Cost of demolishing building to make land suitable for construction of new building 5,830 778,390 5,970 157,950 35,310 11,750 2,390 13,650 14,470 1,025,710 Credit Proceeds from salvage of demolished building 10. 3,180 Analyze the foregoing transactions using the following column headings. Insert the amounts in the appropriate columns. (If an amount reduces the account balance then enter with a negative sign preceding the number, e.g.-15,000 or parenthesis, e.g. (15,000).) Item Land Buildings Other Accounts 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Question Attempts: 0 of 3 used