Which cost is not recorded as part of the cost of a building? Real estate commission paid to buy the building Construction materials and labor Concrete for the building’s foundation Annual building maintenance

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter6: Investing And Financing Activities
Section: Chapter Questions
Problem 3.12C
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Which cost is not recorded as part of the cost of a building?

  • Real estate commission paid to buy the building
  • Construction materials and labor
  • Concrete for the building’s foundation
  • Annual building maintenance
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