Exam (elaborations)
ACCT 3367 Practice Test Questions with Correct Answers
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Types of PP&E: 1. Land (not depreciated) 2. Buildings 3. Equipment 4. Land Improvements Acquisition Cost of PP&E Include all costs necessary to get the asset ready for its intended use. Building Cost of construction of building Land Cost of land fill and clearing Land Delinquent real estate tax...
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