son um 12-08 toggle state Shows Attempts Force Completion This test can be saved and resumedler. The time will continue to run if you leave the test Remaining Time: 1 hour, 50 minutes, 33 seconds Question Completion Status Indo Moving to another question will save this response mologies Question 12 Gibos Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 11/2012 below is a list of costs incurred with the respective port s Gibbs Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 8/1/2012. Below is a list of costs incurred with the respective dates - FSA Group 7 1/11/2012Land and an old dilapidated building 2/21/2012 cost of removing old building 4/11/2012 feestsee below SA1/2012 Fire insurance premium payment see below 521/2012 Partial payment of new building construction 1/2012 Fnal payment on building construction 12012General expenses see below 12/31/2012Asset write-up Additional information To the land and building on 1/31/2, the company and $240,000 When 14.000 ore was rem ved os paid w Demon 1.500 from the sale salvarem covered premoms for three year term G e nce covered them for the period 12 Type here to search Lenovo Question Completion Status Gibbs Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 2012 Bes t of concurred with respective dates Gibbs Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 1/2012. Below is a t ofcosts incurred with respective dates Date Item $ 240,000 2012and and an old idated building 2012 Cost of removing old building 11/2012 fees teeb W1/2012re insurance premium payments below) W1/2012 Partial payment of new building construction 1/2012 inalayton buding construction 1/2012 General expenses see below! 12/31/2012Asset write-up 5697.900 Additional information To acure the land and building on 1 12. the company paid $240000 when the old buiding was removed. Gospad Dermoco $4,000, but also received $1.500 from the sale of salvaged material Legal fees covered the following Examination of title covering purchase of land Local work in connection with the building construction $ 3500 The fire insurance premium covered premiums for a three year term Begre May 1, 2012 General expenses covered the following for the period 1/12 to 3/1/12 CEO any Plant superintendent covering supervision of new building 0.000 $ 30.000 Because of the rising and costs the present was sure that the land was worth at least 575.000 more than what it cost the company. Instructions Determine the proper balances as of 12/31/12 for a separate land account and a separate building account here to search son um 12-08 toggle state Shows Attempts Force Completion This test can be saved and resumedler. The time will continue to run if you leave the test Remaining Time: 1 hour, 50 minutes, 33 seconds Question Completion Status Indo Moving to another question will save this response mologies Question 12 Gibos Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 11/2012 below is a list of costs incurred with the respective port s Gibbs Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 8/1/2012. Below is a list of costs incurred with the respective dates - FSA Group 7 1/11/2012Land and an old dilapidated building 2/21/2012 cost of removing old building 4/11/2012 feestsee below SA1/2012 Fire insurance premium payment see below 521/2012 Partial payment of new building construction 1/2012 Fnal payment on building construction 12012General expenses see below 12/31/2012Asset write-up Additional information To the land and building on 1/31/2, the company and $240,000 When 14.000 ore was rem ved os paid w Demon 1.500 from the sale salvarem covered premoms for three year term G e nce covered them for the period 12 Type here to search Lenovo Question Completion Status Gibbs Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 2012 Bes t of concurred with respective dates Gibbs Manufacturing Co. purchased a piece of land to build a new factory. The factory building was completed on 1/2012. Below is a t ofcosts incurred with respective dates Date Item $ 240,000 2012and and an old idated building 2012 Cost of removing old building 11/2012 fees teeb W1/2012re insurance premium payments below) W1/2012 Partial payment of new building construction 1/2012 inalayton buding construction 1/2012 General expenses see below! 12/31/2012Asset write-up 5697.900 Additional information To acure the land and building on 1 12. the company paid $240000 when the old buiding was removed. Gospad Dermoco $4,000, but also received $1.500 from the sale of salvaged material Legal fees covered the following Examination of title covering purchase of land Local work in connection with the building construction $ 3500 The fire insurance premium covered premiums for a three year term Begre May 1, 2012 General expenses covered the following for the period 1/12 to 3/1/12 CEO any Plant superintendent covering supervision of new building 0.000 $ 30.000 Because of the rising and costs the present was sure that the land was worth at least 575.000 more than what it cost the company. Instructions Determine the proper balances as of 12/31/12 for a separate land account and a separate building account here to search