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Purchase Price
The amount of money paid to acquire a good, service, or asset, often before any discounts or adjustments.
Land Improvements
Enhancements made to a parcel of land to increase its value, such as landscaping, irrigation systems, and roads.
Land
An asset representing the earth's surface, which is not depreciable under accounting rules, but may appreciate in value over time.
Buildings
Physical structures owned by a business, typically used for offices, manufacturing, or storage.
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