SHOW FULL WORK

The Band Company was organized on January 1. During the first year of operations, the following expenditures and receipts were recorded in random order in the account, Land Expenditures 1. Cost of real estate purchased as a plant site (land $220,000 and old building $30,00) $ 250.000 2. Accrued real estate taxes paid at the time of the purchase of the real estate 35,000 3. Cost of demolishing building to make land suitable for construction of a new building 25,000 4. Architect's fees on building plans 20.000 5. Installation cost of fences around the building 15,000 6. Excavation costs for new building 40,000 7. Cost of filling and grading the land 35,000 8. Full payment to building contractor 820,000 9. Cost of parking lots and driveways 55,000 10. Real estate taxes paid for the current year on the land 10 000 Total $1.305.000 Receipts 11. Proceeds from salvage of demolished building Total 16.500 $16.500 Instructions Analyze the foregoing transactions using the following tabular arrangement. Insert the number of each transaction in the Item space and insert the amounts in the appropriate columns and show the total for each column Land liem Land Buildings Improvements Other Account Title