Bowie Company made a lump sum purchase of land, building, and equipment. The following were the...
Bowie Company made a lump sum purchase of land, building, and equipment. The following were the appraised values of each element:
|
PP&E Element |
Amount |
|
Land |
$10,000 |
|
Building |
35,000 |
|
Equipment |
45,000 |
Bowie paid $65,000 cash for the lump sum purchase. What value should be allocated to the building? (Enter only whole dollar values.)
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Bowie Company made a lump sum purchase of land,
building, and equipment. The following were the...
1. Bowie Company made a lump sum purchase of land, building, and equipment. The following were...
1. Bowie Company made a lump sum purchase of land, building, and equipment. The following were the appraised values of each element: PP&E Element Amount Land $10,000 Building 25,000 Equipment 45,000 Bowie paid $70,000 cash for the lump sum purchase. What value should be allocated to the building? (Enter only whole dollar values.) 2. Cambridge Company purchased a truck on January 1, 2018. Cambridge paid $22,000 for the truck. The truck is expected to have a $2,500 residual value and...
1. Bowie Company made a lump sum purchase of land, building, and equipment. The following were the appraised values of e...
1. Bowie Company made a lump sum purchase of land, building, and equipment. The following were the appraised values of each element: PP&E Element Amount Land $10,000 Building 25,000 Equipment 45,000 Bowie paid $70,000 cash for the lump sum purchase. What value should be allocated to the building? (Enter only whole dollar values.) 2. Cambridge Company purchased a truck on January 1, 2018. Cambridge paid $22,000 for the truck. The truck is expected to have a $2,500 residual value and...
please show work company made alumo sum purchase of and Following were the appraised values of...
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please show work
company made alumo sum purchase of and Following were the appraised values of each eleme PPOL Liemens Land $10.000 Building 20,000 Equipment 30,000 Alpha paid $45,000 cash for the lump sum purchase. What value should be loc to the following? (Enter only whole dollar values.) 1. Land 45,000 - 2tlo 2. Building 10,000 120,000 #30,000 3. Equipment 4.000.000 Cash
Land, a building and equipment are oured for a lump sum of $900,000. The market values of the land building and equipment are $400.000 5700.000 and $200.000, respectively. What is the c any intermediary calculations, and round your final a wer to the nearest dollar) a red to the Do not round OA 5000.000 OB. 50 OC 5138,462 OD. $200,000
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