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Business, 19.04.2021 15:40, starsinopoli13
Cala Manufacturing purchases land for $357,000 as part of its plans to build a new plant. The company pays $44,900 to tear down an old building on the lot and $66,374 to fill and level the lot. It also pays construction costs $1,616,200 for the new building and $102,019 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 $357,000 as part of its plans to build a new plant. The compan...
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