Question
Whispering Inc. purchased land at a price of $29,900. Closing costs were $3,230. An old building was removed at a cost of $11,760.
What amount should be recorded as the cost of the land?
The cost of land to be recorded
24
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Whispering Inc. purchased land at a price of $29,900. Closing costs were $3,230. An old building was removed at a cost of $11,760. What amount should be recorded as the cost of the land? The cost of land to be recorded 24

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