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Indicate whether each of the following expenditures should be classified as land (L), land improvements...

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Accounting

Indicate whether each of the following expenditures should be classified as land (L), land improvements (LI), buildings (B), equipment (E), or none of these (X).

____ 1. Computer installation cost ____ 6. Freight on computer purchased

___ 2. Driveway cost ____ 7. Architects fee

____ 3. Surveying costs ____ 8. Utility cost during first year

____ 4. Material costs incurred to construct factory

____ 5. Cost of tearing down a warehouse on land just purchased

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