Expenditures incurred by obermeyer company


The following expenditures were incurred by obermeyer company in purchasing land: cash price $68,011, accrued taxes $3,3618, attorney's fees $2,877, real estate broker's commission $1,189, and clearing and grading $4,045. What is the costof the land?

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Accounting Basics: Expenditures incurred by obermeyer company
Reference No:- TGS073500

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