Sandhill Co. was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Debit 1. Excavation costs for new building 2. Architect's fees on building plans 3. Full payment to building contractor 4. Cost of real estate purchased as a plant site. The property includes a building which will be demolishod to prepare the propert: 5. Cost of parking lots and driveways 6. Accrued real estate taxes paid at time of purchase of land 7. Installation cost of fences around property 8. Cost of demolishing building to make land suitable for construction of new bulding 9. Real estate taxes paid for the current year on land Analyze the transactions using the following table column headings. 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 Applitable' in the account titie column. Enter negative amounts using either a negative sign preceding the number eg - 45 or parentheses es. (45)j) Item Land Building Amounts Account Title: 1.$ 2. 3. 4. 5. 6. 7. 8. 9. 10. Sandhill Co. was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were. recorded in random order. Debit 1. Excavation costs for new buliding 2. Architect's fees on building olans 3. Full payment to bulling contractor 4. Cost of real estate purchased as a plant site. The property includes a building which will be demolished to prepare the propert: 5. Cost of parking lots and driveways 6. Accrued real estate taxes paid at time of purchase of land 7. Installation cost of fences around property 8. Cost of demolishing buliding to make land suitable for construction of new building 9. Real estate taxes paid for the current year on land 10. Proceeds from salvage of demolished building Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns, For amounts in the Other Accounts column, also indicate the account title. (If on amount falls into either the Lond or Buildings column, enter "Not Applicable" in the account titie column. Enter negative amounts using elther a negative sign preceding the number es -45 or parentheses es. (45).) \begin{tabular}{ll} Item & Land \\ \hline 1 & $ \\ 2. & \end{tabular} 3. 4. 5. 6. 7. 8. 9. 10. Sandhill Co. was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Debit 1. Excavation costs for new building 2. Architect's fees on building plans 3. Full payment to building contractor 4. Cost of real estate purchased as a plant site. The property includes a building which will be demolishod to prepare the propert: 5. Cost of parking lots and driveways 6. Accrued real estate taxes paid at time of purchase of land 7. Installation cost of fences around property 8. Cost of demolishing building to make land suitable for construction of new bulding 9. Real estate taxes paid for the current year on land Analyze the transactions using the following table column headings. 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 Applitable' in the account titie column. Enter negative amounts using either a negative sign preceding the number eg - 45 or parentheses es. (45)j) Item Land Building Amounts Account Title: 1.$ 2. 3. 4. 5. 6. 7. 8. 9. 10. Sandhill Co. was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were. recorded in random order. Debit 1. Excavation costs for new buliding 2. Architect's fees on building olans 3. Full payment to bulling contractor 4. Cost of real estate purchased as a plant site. The property includes a building which will be demolished to prepare the propert: 5. Cost of parking lots and driveways 6. Accrued real estate taxes paid at time of purchase of land 7. Installation cost of fences around property 8. Cost of demolishing buliding to make land suitable for construction of new building 9. Real estate taxes paid for the current year on land 10. Proceeds from salvage of demolished building Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns, For amounts in the Other Accounts column, also indicate the account title. (If on amount falls into either the Lond or Buildings column, enter "Not Applicable" in the account titie column. Enter negative amounts using elther a negative sign preceding the number es -45 or parentheses es. (45).) \begin{tabular}{ll} Item & Land \\ \hline 1 & $ \\ 2. & \end{tabular} 3. 4. 5. 6. 7. 8. 9. 10
