Multiple Choice
Tango Company purchased land and a building for $350,000.If the assets had been purchased separately,the company would have paid $170,000 for the land and $210,000 for the building.What amount should be recorded for the BUILDING?
A) $210,000
B) $199,000
C) $193,421
D) $188,901
Correct Answer:
Verified
Correct Answer:
Verified
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