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pickupchik [31]
3 years ago
9

On February 1, 2020, Bonita Industries purchased a parcel of land as a factory site for $328000. An old building on the property

was demolished, and construction began on a new building which was completed on November 1, 2020. Costs incurred during this period are listed below: Demolition of old building $ 19800 Architect's fees 36400 Legal fees for title investigation and purchase contract 4600 Construction costs 1378000 (Salvaged materials resulting from demolition were sold for $10200.) Bonita should record the cost of the land and new building, respectively, as:____________
a. $342200 and $1414400.
b. $352400 and $1404200.
c. $337600 and $1419000.
d. $337600 and $1414400.
Business
1 answer:
Volgvan3 years ago
3 0
I think is b I hope this helps
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Answer:

$60

Explanation:

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Price Per consumer = Price for all ÷ First three lawns

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snow_lady [41]
The answer is D. Imitable products and servicesd
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3 years ago
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Charra [1.4K]

The first entry of the journal records the inventory of of $310,000 as debited and accounts payable as credited.

<h3>What is inventory management?</h3>

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Following are the Journal entries-

1. Inventory accounts  A/c  $310,000

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8 0
2 years ago
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Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
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