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Transaction 4 - Buy land and building for $1,100,000 in cash. [4-1] Record this transaction. The land cost is $200,000. The residual value of the
Transaction 4 - Buy land and building for $1,100,000 in cash.
[4-1]
- Record this transaction.
- The land cost is $200,000. The residual value of the building is $220,000. What is the depreciable value of the building?
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