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Business, 16.04.2020 01:11 mariahernandez237503

Item 1Item 1 Real Angus Steakhouse purchased land for $75,000 cash. Commissions of $4,500, property taxes of $5,000, and title insurance of $800 were also incurred. The $5,000 in property taxes includes $4,000 in back taxes paid by Real Angus on behalf of the seller and $1,000 due for the current year after the purchase date. For what amount should Real Angus Steakhouse record the land

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Item 1Item 1 Real Angus Steakhouse purchased land for $75,000 cash. Commissions of $4,500, property...
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