Question

The tasman company purchased land for $150,000. the cost to demolish the existing building and prepare the land for a new building was $20,000. the real estate commission paid to buy the land was $9,000. what amount should be recorded in tasman's accounting records for the cost of the land

Answer 1

You just add it all together $150,000+ $20,000+ $9,000= your answer
Hope this helped! ;D