Anderson Company Has Purchased a Group of Assets for $23,800

question 159

Multiple Choice

Anderson Company has purchased a group of assets for $23,800.The assets and their relative market values are listed below. $$\begin{array} { | l | r | } \hline \text { Land } & \$ 7200 \\\hline \text { Equipment } & 2100 \\\hline \text { Building } & 3300 \\\hline\end{array}$$ 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) $4200
• B) $13,566
• C) $4046
• D) $6188

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