Q27. Assume U.S.GAAAP (generally accepted accounting principles)applies unless otherwise noted. During 2006 Ballantyne Corporation acquired a piece of land on which to build a new manufacturing facility and incurred the following costs relates! the following costs related to the purchase: Purchase price $200,000 Brokerage fees $7,500 Legal fees $5,000 Tearing down old building $15，000 Property taxes $6,500 Ballantyne capitalized cost of the land for accounting purposes is closest to: A. $200,006 B. $215,006 C. $227,066: D. $234,000
答案和详解如下：
Q27. C 07 Modular Level, I, Vol.3, PP.362-363 Study 5ession9-41.b All costs incurred to prepare the asset for use may be capitalized 200,000+7,500_5,000+15,000=227,500. Property taxes would bb a period expense and are therefore excluded.
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发表于 2007-11-5 18:51
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