Anderson Corporation Has Purchased a Group of Assets for $20,300

question 177

Multiple Choice

Anderson Corporation has purchased a group of assets for $20,300. The assets and their relative market values are listed below. $$\begin{array} { | l | r | } \hline \text { Land } & \$ 6800 \\\hline \text { Equipment } & 2300 \\\hline \text { Building } & 3600 \\\hline\end{array}$$ Which of the following amounts would be debited to the Land account? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)

• A) $4233
• B) $10,962
• C) $3654
• D) $5684

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