Indicate whether each of the following expenditures should be classified as land (L), land improvements...
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Accounting
Indicate whether each of the following expenditures should be classified as land (L), land improvements (LI), buildings (B), equipment (E), or none of these (X).
____ 1. Computer installation cost ____ 6. Freight on computer purchased
___ 2. Driveway cost ____ 7. Architects fee
____ 3. Surveying costs ____ 8. Utility cost during first year
____ 4. Material costs incurred to construct factory
____ 5. Cost of tearing down a warehouse on land just purchased
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