Ramirez Company acquires land for $240,000 cash.Additional costs are as follow. Ramirez will record the acquisition cost of the land as
A)$254,640.
B)$257,200.
C)$255,920.
D)$240,000.

Question

Ramirez Company acquires land for $240,000 cash.Additional costs are as follow.  Ramirez will record the acquisition cost of the land as
A)$254,640. 
B)$257,200. 
C)$255,920. 
D)$240,000.

Quizplus · Accepted Answer

The Answer of Ramirez Company acquires land for $240,000 cash.Additional costs are as follow.  Ramirez will record the acquisition cost of the land as
A)$254,640. 
B)$257,200. 
C)$255,920. 
D)$240,000.

Ramirez Company Acquires Land for $240,000 Cash