Business
Business, 14.08.2021 03:00, Ruchen

A company purchased land for $450000 cash. The real estate brokers' commission was $25000 and $45000 was spent for demolishing an old building on the land before construction of a new building could start. Under the historical cost principle, the cost of land is

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A company purchased land for $450000 cash. The real estate brokers' commission was $25000 and $45000...

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