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Endevour Enterprises Acquires Land for $250,000 Cash

Question 32

Multiple Choice

Endevour Enterprises acquires land for $250,000 cash. Additional costs are as follows:
Endevour Enterprises acquires land for $250,000 cash. Additional costs are as follows: Endevour Enterprises will record the acquisition cost of the land as: A) $268,000 B) $250,000 C) $298,000 D) $269,500 Endevour Enterprises will record the acquisition cost of the land as:


A) $268,000
B) $250,000
C) $298,000
D) $269,500

Correct Answer:

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