Question
These expenditures were incurred by Carla Vista Co. in purchasing land: cash price $55,150, assumed accrued taxes $4,880, attorneys fees $2,610, real estate brokers commission
These expenditures were incurred by Carla Vista Co. in purchasing land: cash price $55,150, assumed accrued taxes $4,880, attorneys fees $2,610, real estate brokers commission $3,760, and clearing and grading $4,880. What is the cost of the land?
| The cost of the land | $enter the cost of the land in dollars |
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Auditing
Authors: David Ricchiute
8th Edition
0324226292, 978-0324226294
