NO

1.
2.
3.
4.

5.
6.
7.
8.
9.
10.
ITEM LAND
Cost of filling and grading the land $ 4,000.00
Full payment to building contractor
Real estate taxes on land paid for the current year
Cost of real estate purchased as plant site $ 100,000.00
(land $100.000 & building $45.000
Excavation cost for new building
architects fees on building plants
Accrued real estate taxes paid at time of purchased of real estate $ 2,000.00
cost of parking lots and driveways
cost of demolishing building to make land suitable for contraction of new building $ 15,000.00
proceeds from salvage of demolished building $ 3,500.00
Total $ 117,500.00
BUILDING OTHER ACCOUNT TITLE

$ 200,000.00
$ 5,000.00 property taxes expense
$ 45,000.00

$ 20,000.00
$ 10,000.00

$ 14,000.00 land improvement

$ 775,000.00 $ 19,000.00
NO
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
ITEM LAND
Accrued real estate taxes $ 2,000.00
Real estate taxes on land paid
Full payment to building contractor
Excavation cost for new building
Cost of real estate purchased as a plant site $ 125,000.00
cost of parking lost and driveways
architects fees on building
installation cost of fences
cost of demolishing building to make a land suitable $ 13,000.00
proceed from salvage of demolishid building $ 2,500.00
Total $ 137,500.00
BUILDING OTHER ACCOUNT TITLE

$ 3,000.00 property taxes expense

$ 600,000.00
$ 20,000.00

$ 105,000.00 land improvement

$ 10,000.00
$ 4,000.00

$ 630,000.00 $ 112,000.00