"While waiting for the loan approval, the management team of BB decided to utilize the...
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"While waiting for the loan approval, the management team of BB decided to utilize the site to generate additional income for the company. The site was rented out for car boot sales activities in the morning and food truck operations at night. After one month of operation, the bank loan was approved and BB immediately stopped the site renting operation and continued with its initial intention to construct the warehouse. "
Based on the given situation, will the revenue and expenses of this be accounted for in the cost of land or the cost of the constructed warehouse?
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