Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. abc company acquired a land and the following expe

ABC Company acquired a land and the following expenditures to improve the land are below:...

70.2K

Verified Solution

Question

Accounting

ABC Company acquired a land and the following expenditures to improve the land are below:

Cost of paving driveway and parking lot: 55,000

Cost of trees, shrubs, and other landscaping: 33,000

Cost of installing lights in the parking lot: 19,000

Permanent fences: 350,000

How much is the cost of land improvement?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

3 Secants 10 Find the measure of the missing angle 95 7 261 Xo 53...

Geometry
Q

How to get the percent of scores in one and two standard deviations of the mean

Statistics
Q

A large number of identical elastic balls are moving randomly inside a fixed vertical cylindrical...

Physics
Q

cup of coffee has a temperature of 80 C when it is poured and allowed...

Physics
Q

Using the table graph the quadratic equation y x 4x 5 2 X

Geometry
Q

Use the average daily balance method to compute the finance charge on the credit card...

Basic Math
Q

1 a Calculate depreciation for Year 2 1 b Calculate book value and gain loss...

Basic Math
Q

1 Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear...

Accounting
Q

Lucas installed a five-kilowatt fuel cell in his home. He spent $25,000 on the cell...

Accounting
Q

Larkspur Company invests $11,500,000 in 6% fixed rate corporate bonds on January 1, 2017. All...

Accounting
Q

8.14 Using the zero-coupon bond yields in table 8.9, what is the fixed rate in...

Finance
Q

Stellar Corporation has one temporary difference at the end of 2020 that will reverse and...

Accounting