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Business, 12.03.2021 20:10 iamastudent79

Burke Company purchases land for $100,000 cash. Burke assumes $2,500 in delinquent property taxes due on the land as part of the purchase. The title and attorney fees totaled $1,000. Burke has the land graded for $2,200. They paid $10,000 for paving of a parking lot. What amount does Burke record as the cost for the land

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Burke Company purchases land for $100,000 cash. Burke assumes $2,500 in delinquent property taxes du...

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