Identify Each of the Following Expenditures as Chargeable to (A)

question 74

Essay

Identify each of the following expenditures as chargeable to (a) Land, (b) Land Improvements, (c) Buildings, (d) Machinery and Equipment, or (e) Other accounts.
(1)Cost of paving parking are a for employees and customers.
(2)Insurance duing constuction of buitding:
(3)Interest incured on money borrowed for construction of building.
(4)Fee paid for installation of equipment.
(5)Special foundation for new equipment acquired.
(6)Transit insurance on new equipment.
(7)Freight charges on new equipment.
(8)Cost of repairing vandalism damage to equipment during installation.
(9)Sales tax on new equipment.
(10)Cost incure din repairing danage resulting from installation of new equipment.
(11)Cost of landfill for building site.
(12)Cost of lubricating oil purchased for periodic oil changes for equipment.
(13)Parking lot lighting.
(14)Installing a fence around the parking lot.
(15)Repainting the trim on a building
(16)Special assessment paid to city for extension of water main to the property.
(17)Cost of razing and removing the old building on property accuired for a building site.
(18)Délinquent real est ate taxes assumed by purchaser on property accuired for a building site.
(19)Attomey's fee for title search.
(20)Architects fee for building plans and supervision of construction.

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Definitions:

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The largest organ system by surface area, comprising skin, hair, nails, and sweat glands and their products (sweat and mucus). It distinguishes, separates, and protects. The name derives from the Latin integumentum, which means “a covering.”

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