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Anderson Company Has Purchased a Group of Assets for $23,800

Question 25

Multiple Choice

Anderson Company has purchased a group of assets for $23,800.The assets and their relative market values are listed below.  Land $7200 Equipment 2100 Building 3300\begin{array} { | l | r | } \hline \text { Land } & \$ 7200 \\\hline \text { Equipment } & 2100 \\\hline \text { Building } & 3300 \\\hline\end{array} Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places,and your final answer to the nearest dollar.)


A) $4200
B) $13,566
C) $4046
D) $6188

Correct Answer:

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