Blue Spruce Company was organized on January During the first year of operations, the following plant asset expenditures and receipts were recorded in random order.
tableDebit Cost of filling and grading the land, Full payment to building contractor, Real estate taxes paid for the current year on land, Cost of real estate purchased as a plant site land $ and building $ Excavation costs for new building, Architect's fees on building plans, Accrued real estate taxes paid at time of purchase of land, Cost of parking lots and driveways, Cost of demolishing building to make land suitable for construction of new building,Credit$