For Each Transaction Numbered 1 Through 5 Below, Identify in Which

question 98

Essay

For each transaction numbered 1 through 5 below, identify in which account listed in a through d it would be reported. You may use each letter more than once or not at all.
_____ 1. Freight charges related to the acquisition costs of a production machine
_____ 2. Interest costs incurred during the construction period of a building built by a company for its own use
_____ 3. Costs paid to clear land
_____ 4. Annual painting costs of an office building
_____ 5. Sales taxes paid related to a machine purchased

---

Definitions:

Metastasis

The process in which malignant cells spread from one part of the body to another. See cancer.

Malignant Cells

Abnormal cells that divide uncontrollably and have the potential to invade and spread to other parts of the body, leading to cancer.

Malignant Neoplasm

A cancerous tumor that can invade and destroy nearby tissue and has the potential to spread to other parts of the body.

Cell Plate

The structure formed during cytokinesis in plant cells that leads to the formation of cell walls separating the two daughter cells.