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Hastings Corporation Has Purchased a Group of Assets for $21,900

Question 4

Multiple Choice

Hastings Corporation has purchased a group of assets for $21,900. The assets and their relative market values are listed below. Hastings Corporation has purchased a group of assets for $21,900. The assets and their relative market values are listed below. Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $4,133 B) $12,045 C) $4,380 D) $5,475 Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)


A) $4,133
B) $12,045
C) $4,380
D) $5,475

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