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Category > Accounting Posted 27 Jul 2017 My Price 3.00

Group Purchase

Group Purchase

e3A. Sea Scout purchased a car wash for $240,000. If purchased separately, the land would have cost $60,000, the building $135,000, and the equipment $105,000. Deter- mine the amount that should be recorded in the new business’s records for land, build- ing, and equipment.

 

Answers

(8)
Status NEW Posted 27 Jul 2017 06:07 AM My Price 3.00

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Attachments

file 1501137583-1355097_1_636366719069084522_1355097.xlsx preview (49 words )
De-----------scr-----------ipt-----------ion-----------gro-----------up -----------Pur-----------cha-----------se$-----------105-----------,00-----------0. -----------Det-----------er------------ mi-----------ne -----------the----------- am-----------oun-----------t t-----------hat----------- sh-----------oul-----------d b-----------e r-----------eco-----------rde-----------d i-----------n t-----------he -----------new----------- bu-----------sin-----------ess-----------’-----------s r-----------eco-----------rds----------- fo-----------r l-----------and-----------, b-----------uil-----------d- -----------ing-----------, a-----------nd -----------equ-----------ipm-----------ent-----------.e3-----------A.Â----------- Se-----------a S-----------cou-----------t p-----------urc-----------has-----------ed -----------a c-----------ar -----------was-----------h f-----------or -----------$24-----------0,0-----------00.----------- If----------- pu-----------rch-----------ase-----------d s-----------epa-----------rat-----------ely-----------, t-----------he -----------lan-----------d w-----------oul-----------d h-----------ave----------- co-----------st -----------$60-----------,00-----------0, -----------the----------- bu-----------ild-----------ing----------- $1-----------35,-----------000-----------, a-----------nd -----------the----------- eq-----------uip-----------men-----------t -----------App-----------rai-----------sal----------- Va-----------lue-----------Ass-----------etR-----------ati-----------o o-----------f A-----------ppr-----------ais-----------al -----------Val-----------ueA-----------mou-----------nt -----------All-----------oca-----------ted----------- La-----------ndB-----------uil-----------din-----------gEq-----------uip-----------men-----------t(.-----------2*2-----------400-----------00)-----------(.4-----------5*2-----------400-----------00)-----------(.3-----------5*2-----------400-----------00)----------- -----------
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