On May 1,2014,Abiuso Corporation purchased for $790,000 a tract of land on which a warehouse and office building were located.The following data were collected concerning the property:

Determine the appropriate amounts that Abiuso should record for the land,warehouse,and office building.

Question

On May 1,2014,Abiuso Corporation purchased for $790,000 a tract of land on which a warehouse and office building were located.The following data were collected concerning the property:
  
Determine the appropriate amounts that Abiuso should record for the land,warehouse,and office building.

Quizplus · Accepted Answer

The Answer of On May 1,2014,Abiuso Corporation purchased for $790,000 a tract of land on which a warehouse and office building were located.The following data were collected concerning the property:
  
Determine the appropriate amounts that Abiuso should record for the land,warehouse,and office building.

On May 1,2014,Abiuso Corporation Purchased for $790,000 a Tract of Land