Which one of the following items would be charged to the cost of land rather than the cost of the building?

Question

Quizplus · Accepted Answer

Demolition costs of an existing structure on a piece of land are considered part of the land cost because they are necessary to prepare the land for its intended use. Costs directly associated with the construction of a building, such as architectural fees, foundation costs, and capitalized interest, are charged to the building's cost.

Which One of the Following Items Would Be Charged to the Cost