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What would the four Fixed Asset accounts be? I'm a little confused. I know one account is Fixed Asset>Land>Land, but what would the other 3
What would the four Fixed Asset accounts be? I'm a little confused. I know one account is Fixed Asset>Land>Land, but what would the other 3 accounts be?
Create four new fixed asset accounts Account type: Fixed Assets, detail type: Build-ings and Accumulated Depreciation (where appropriate), account names: Original Cost (a sub account of Building) and Accumulated Depreciation (a sub account of Building), and Land with Account type: Fixed Asset, detail type: Land.
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