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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: Hastings Corporation has purchased a group of assets for $25,000. The assets and their relative ...
Post by: H3Ko on Aug 29, 2016
Hastings Corporation has purchased a group of assets for $25,000. The assets and their relative market values are listed below.

Land   $6,800
Equipment   2,900
Building   3,800

Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $4,500
B) $7,000
C) $5,250
D) $12,500


Title: Re: Hastings Corporation has purchased a group of assets for $25,000. The assets and their relative ...
Post by: Tanks on Aug 29, 2016
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Title: Re: Hastings Corporation has purchased a group of assets for $25,000. The assets and their relative ...
Post by: H3Ko on Oct 12, 2016
I just realized you had posted this! Thanks so much