Multiple Choice
A company purchased property for $100,000.The property included a building,a parking lot and land.The building was appraised at $62,000; the land at $45,000 and the parking lot at $18,000.The value of the land that will be included in the accounting record is:
A) $0
B) $36,000
C) $42,000
D) $45,000
E) $100,000
Correct Answer:
Verified
Correct Answer:
Verified
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