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A company bought land and a building for $128,000.The building has a useful life of 20 years.Why should the company split the $128,000 cost between the land and the building?
Commercial Banks
The largest and oldest of all financial institutions, relying mainly on checking and savings accounts as sources of funds for loans to businesses and individuals.
Credit CARD Act
A US federal law enacted in 2009 aimed at reducing abusive practices in the credit card industry, enhancing consumer protections.
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