Multiple Choice
Aber Company buys land for $145000 on 12/31/21.As of 3/31/22 the land has appreciated in value to $151000.On 12/31/22 the land has an appraised value of $155400.By what amount should the Land account be increased in 2022?
A) $0.
B) $6000.
C) $4400.
D) $10400.
Correct Answer:
Verified
Correct Answer:
Verified
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