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Business, 07.11.2019 01:31 sydc1215

Cala manufacturing purchases land for $390,000 as part of its plans to build a new plant. the company pays $33,500 to tear down an old building on the lot the and $47,000 to fill and level the lot. it also pays construction costs of $1,452,200 for the new building and $87,800 for lighting and paving a parking area. prepare a single journal entry to record these costs incurred by cala, all of which are paid in cash.

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Cala manufacturing purchases land for $390,000 as part of its plans to build a new plant. the compan...

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