2 01:57:23 Skipped A company needed a new building. It found...
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:: Skipped A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the old building for $ cash. The old building was demolished to make way for the needed new building. Following is information regarding the demolition of the old building and construction of the new one. Construction cost of new building Cost for parking lot $ Demolition of old building Prepare a single journal entry to record the above costs assuming all transactions are paid in cash. View transaction list Journal entry worksheet A Record the costs assuming all transactions are paid in cash. Note: Enter debits before credits. tableTransactionGeneral Journal,Debit,Credit Record entry Clear entry View general journal 
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Skipped
A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the old building for $ cash. The old building was demolished to make way for the needed new building. Following is information regarding the demolition of the old building and construction of the new one.
Construction cost of new building
Cost for parking lot
$
Demolition of old building
Prepare a single journal entry to record the above costs assuming all transactions are paid in cash.
View transaction list
Journal entry worksheet
A
Record the costs assuming all transactions are paid in cash.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credit
Record entry
Clear entry
View general journal
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