ToshaCollins_Unit 8 Homework

ToshaCollins_Unit 8 Homework - 6. capital expenditure 7....

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Exercise 7-3 Show your work. Calculate the cost of land: land 200,000 Fee to remove old building 15,000 Less Salvage -2,400 Delinquent taxes 10,850 Legal Fees 1,200 224,650
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Exercise 7-4 1. Revenue Expenditure 2. capital expenditure 3. Revenue Expenditure 4. capital expenditure 5. capital expenditure
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Unformatted text preview: 6. capital expenditure 7. Revenue Expenditure 8. Revenue Expenditure 9. capital expenditure 10. capital expenditure Exercise 7-8 Show your work. 198,500-30,500=168,000 168,000/15yrs =11,200 11,200 annual depreciation...
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This note was uploaded on 06/10/2010 for the course AC113 AC113 taught by Professor Cochran during the Spring '10 term at Kaplan University.

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ToshaCollins_Unit 8 Homework - 6. capital expenditure 7....

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