Multiple Choice
A company purchased property for $300,000. The property included an acre of land valued at $50,000, a building valued at $150,000, and equipment valued at $125,000.
-The land will be recorded at a cost of
A) $45,000.
B) $48,234.
C) $46,154.
D) $50,000.
Correct Answer:
Verified
Correct Answer:
Verified
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