Costs and assessments that should NOT be charged to the land account include

Name: Costs and assessments that should NOT be charged to the land account include
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Question

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Costs of installing fences should not be charged to the land account, as fences are considered improvements or additions to the land, and should be recorded separately as a fixed asset. A, B, and D are all examples of costs that should be charged to the land account, as they are related to the initial purchase or development of the land itself.

Costs and Assessments That Should NOT Be Charged to the Land