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hjlf
3 years ago
9

Finley Co. is looking for a new office location and sees a building with a fair value of $400,000. Finley also notices that much

of the equipment in the existing building would be useful to its own operations. Finley estimates the fair value of the equipment to $80,000. Finley offers to buy both the building and the equipment for $450,000, and the offer is accepted. Determine the amounts Finley should record in the separate accounts for building and equipment.
Business
1 answer:
vladimir1956 [14]3 years ago
4 0
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