Matching
Select best of the following expenditures as chargeable to (a) Land, (b) Land Improvements, (c) Buildings, (d) Machinery and Equipment, or (e) other account.
Premises:
Architect's fee for building plans and supervision of construction
Installing a fence around the parking lot
Fee paid for installation of equipment
Parking lot lighting
Cost of razing and removing the old building on property acquired for a building site
Attorney's fee for title search
Interest incurred on loan during construction of building
Insurance on new equipment while in transit
Special assessment paid to city for extension of water main to property
Cost of repairing vandalism damage to equipment during installation
Cost of lubricating oil purchased for periodic oil changes for equipment
Cost of land fill for building site
Cost incurred in repairing damage resulting from installation of new equipment
Insurance during construction of building
Special foundation for new equipment acquired
Repainting the trim on a building
Delinquent real estate taxes assumed by purchaser on property acquired for a building site
Freight charges on new equipment
Cost of paving parking area for employees and customers
Sales tax on new equipment
Responses:
Buildings
Land Improvements
Land
Machinery and Equipment
other account.
Correct Answer:
Premises:
Responses:
Architect's fee for building plans and supervision of construction
Installing a fence around the parking lot
Fee paid for installation of equipment
Parking lot lighting
Cost of razing and removing the old building on property acquired for a building site
Attorney's fee for title search
Interest incurred on loan during construction of building
Insurance on new equipment while in transit
Special assessment paid to city for extension of water main to property
Cost of repairing vandalism damage to equipment during installation
Cost of lubricating oil purchased for periodic oil changes for equipment
Cost of land fill for building site
Cost incurred in repairing damage resulting from installation of new equipment
Insurance during construction of building
Special foundation for new equipment acquired
Repainting the trim on a building
Delinquent real estate taxes assumed by purchaser on property acquired for a building site
Freight charges on new equipment
Cost of paving parking area for employees and customers
Sales tax on new equipment
Premises:
Architect's fee for building plans and supervision of construction
Installing a fence around the parking lot
Fee paid for installation of equipment
Parking lot lighting
Cost of razing and removing the old building on property acquired for a building site
Attorney's fee for title search
Interest incurred on loan during construction of building
Insurance on new equipment while in transit
Special assessment paid to city for extension of water main to property
Cost of repairing vandalism damage to equipment during installation
Cost of lubricating oil purchased for periodic oil changes for equipment
Cost of land fill for building site
Cost incurred in repairing damage resulting from installation of new equipment
Insurance during construction of building
Special foundation for new equipment acquired
Repainting the trim on a building
Delinquent real estate taxes assumed by purchaser on property acquired for a building site
Freight charges on new equipment
Cost of paving parking area for employees and customers
Sales tax on new equipment
Responses:
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