Based on the following data, what is the cost of the land?
Land purchase price $196,022
Broker's commission 16,158
Payment for demolition and removal of existing building 4,993
Cash received from sale of materials salvaged from demolished building 2,645 $
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Based on the following data, what is the cost of the land? Land purchase price $196,022 Broker's commission 16,158 Payment for demolition ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Andrea, a sales associate in the fine china department of the David's Department Store, reports to Chris, the home furnishings department manager. This morning, Chris asked Andrea to change the price tags on the crystal wine glasses.
Answers (1)
Five trends in the past decade have significantly influenced the landscape of global marketing. One of them is a. a decrease in most countries' GDPs and a renewal of nationalism. b.
Answers (1)
Within each retail establishment of Kmart, external vendors stock and maintain the magazine department of the stores, but do not actually take possession of the product. Which type of wholesaler best describes these vendors?
Answers (1)
Your company receives advance payment in October for services that are provided during November. Which of the following statements is correct? (A) An expense is recorded in October and revenue will be recorded in November.
Answers (1)
Which act requires that financial institutions must provide a privacy notice to each consumer that explains what data about the consumer is gathered, with whom that data is shared, how the data is used, and how the data is protected?
Answers (1)
New Questions in Business
Is a GED the same as a high school diploma? Explain.
Answers (2)
Ramona bowen was employed as a supervisor for comfort manufacturing. she was the only black supervisor in the plant. the other supervisors, all white males, used racial slurs when referring to her in the presence of the other employees.
Answers (1)
How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wholesale company? how will they differ for a hospital or a government unit?
Answers (1)
Camilo's property, with an adjusted basis of $155,000, is condemned by the state. Camilo receives property with a fair market value of $180,000 as compensation for the property taken. a. What is Camilo's realized and recognized gain? b.
Answers (1)
A decrease in resource prices will increase the incentive of users to purchase the resource. suppliers to provide more of the resource. firms to find and develop substitutes for the resource.
Answers (1)