ACCT212 (ACCT212)
Cedar Crest College
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ACCT 212 Week 6 Quiz (Summer 2020)(With all the correct answers highlighted).
- Exam (elaborations) • 3 pages • 2020
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Question: A company incurred the following costs:

Purchase price of land $230,000

Survey fees 6,000

Payment for demolition of old building on land 40,000

Bank property taxes on land 5,000

Paving costs for parking lot 50,000

Fence around perimeter of land ...