L17 Notes_Part_6 - not include financing charges and cash...

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Measuring and Recording Acquisition Cost Acquisition cost includes the purchase price and all expenditures needed to secure title and prepare the asset for its intended use. Acquisition cost does
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Unformatted text preview: not include financing charges and cash discounts . Historical Cost Purchase price Renovation and repair costs Legal and realty fees Title fees Acquisition Cost Buildings...
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L17 Notes_Part_6 - not include financing charges and cash...

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