Indicate Whether Each of the Following Expenditures Should Be Classified

Essay

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
___2. Driveway cost
___3. Architect's fee
___4. Surveying costs
___5. Grading costs
___6. Cost of lighting for parking lot
___7. Insurance while in transit and freight on computer purchased
___8. Material and labor costs incurred to construct factory
___9. Cost of tearing down a warehouse on land just purchased
___10. Utility cost during first year