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Hleyplus.com/edugen/lt/mainuni be 3 Maps My Blackboard Con Return to Blackboard - Kieso, Intermediate Accounting, IFRS,...

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Accounting

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Hleyplus.com/edugen/lt/mainuni be 3 Maps My Blackboard Con Return to Blackboard - Kieso, Intermediate Accounting, IFRS, 2e Hele System Announcements (Unread PRINTER VERSION BACK Question 3 On March 1, 2015, Newton Company purchased land for an office site by pay $540,000 cash. Newton began construction on the office building on March 1. The following expenditures were incurred for construction Rate tradus March 1, 2015 $300,000 April 1, 2015 504,000 May 1, 2015 900,000 June 1, 2015 1.440,000 The ofice was completed and ready for occupancy on July 1. To help pay for construction, $420,000 was borrowed on March 1, 2015 on a 9%, 3-year of payable. Other than the construction note, the only debe outstanding during 2015 was a $300,000, 125, 6 year note payable dated lay 1, 2015 The weighted-werage accumulated expenditures on the construction project during 2015 were $2.934,000 O $312.000 O $695,000 304,000 Question Attempts of used KAVE FOR LATER TANS

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