A company bought a building and land for 450,000. The appraised value of the land...
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Accounting
A company bought a building and land for 450,000. The appraised value of the land is 100,000 and the building is 300,000. At what cost is the land recorded on the books of the company?
A) 400,000
B) 112,500
C) 300,000
D)450,000
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