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Time left 0:24:26 On March 1, Moja Co. began construction of a small building. The following expenditures were incurred for construction: March 1 75,000 April
Time left 0:24:26 On March 1, Moja Co. began construction of a small building. The following expenditures were incurred for construction: March 1 75,000 April 1 74,000 May 1 180,000 June 1 270,000 July 1 100,000 The building was completed and occupied on July 1. To help pay for construction 50,000 was borrowed on March 1 on a 12%, three-year note payable. The only other debt outstanding during the year was a 500,000, 10% note issued two years ago. the weighted average accumulated expenditures are: a. 106,000 ob. 22,500 O c. 69,000 d. 96,000
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