Exercise 10-6 - EXERCISE 10-6 (1525 minutes) 1. Land ....

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EXERCISE 10-6 (15–25 minutes) 1. Land . ................................................................................ 131,250 Buildings. ........................................................................ 306,250 Equipment . ..................................................................... 262,500 Cash. ...................................................................... 700,000 $700,000 X $150,000 $800,000 = $131,250 Land $700,000 X $350,000 $800,000 = $306,250 Buildings $700,000 X $300,000 $800,000 = $262,500 Equipment 2. Store Equipment. .......................................................... 25,000 Cash . ......................................................................
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This note was uploaded on 06/06/2010 for the course ACCOUNTING ac505 taught by Professor Khan during the Spring '10 term at DeVry Fremont.

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