Please do not cheat the answer from other site like chegg, There the answer is wrongI need your own answer,Please help 1. Daytona Freight Inc, near an airport, incurred the following costs to acquire land, make land improvements, and construct and fiarnish a small buildingThe chart is as follows.Purchase price of three acres of landb. Delinquent real estate taxes on the land to be paid by Daytona Freisht Incc. Additional dirt and earthmoingd. Title insurance on the land acquisitione. Fence around the boundary of the propertyBuilding permit for the buildingg Architect's fee for the design of the buildingh Signs near the front of the propertyS80,000$6,300$9,000PLEASE SHOW ALL EXCEL FORMULAS$3,200$9,600$1,000$20,700$9,300Materials used to construct the building. Labor to construct the buildingk. Interest cost on construction loan for the building1 Parking lots on the propertym. Lights for the parking lots$215,000$175,000$9,400$28,500$11,200Activate Vj. Labor to construct the buildingk. Interest cost on construction loan for the building1. Parking lots on the propertym. Lights for the parking lots|$175,000$9,400$28,500$11,200n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks)$50,000o. Furniturep. Transportation of furniture from seller to the buildingq. Additional fencing$11,200$2,200$6,600Daytona Freight Inc depreciates land improvements over 15 years, buildings over 40 years,and furniture over 10 years, all on a straight-line basis with zero residual value.RequirementsSet up columns for Land, Land Improvements, Building, and Furniture. Show how to account for each cost1by listing the cost under the correct account. Determine the total cost of each asset.

Here discuss about the details of cost which are associated with land, land improvements, building…

n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks) $50,000 o. Furniture p. Transportation of furniture from seller to the building a Additional fencing $11,200 $2.200 $6,600 Daytona Freight Inc depreciates land improvements over 15 years, buildings over 40 years, and furniture over 10 years, all on a straight-line basis with zero residual value. Requirements Set up columns for Land, Land Improvements, Building, and Furniture. Show how to account for each cost 1 by listing the cost under the correct account. Determine the total cost of each asset.

n. Salary of construction supervisor (80% to building; 20% to parking lot and concrete walks) $50,000 o. Furniture p. Transportation of furniture from seller to the building a Additional fencing $11,200 $2.200 $6,600 Daytona Freight Inc depreciates land improvements over 15 years, buildings over 40 years, and furniture over 10 years, all on a straight-line basis with zero residual value. Requirements Set up columns for Land, Land Improvements, Building, and Furniture. Show how to account for each cost 1 by listing the cost under the correct account. Determine the total cost of each asset.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

i cant find the answer on the site
Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!
Can you solve it in an Excel spreadsheet? because something is wrong with the asnwer. tyhank you,
What are the benefits of using quickbooks online What are the drawbacks of using quixkbooks online
In a relational database, what is a foreign key? a) A key that uniquely identifies a record within its table b) A key that is used to speed up searches c) A key used to link two tables together d) A key that can accept null values\
Ma1 . Who benefits most from Peace of Mind®? Complex return filers. EITC filers. Clients with refunds. All clients.
Please answer multichoice question in photo
None
please answer 1 2 and 3 and show how it is solved Note:- Please don't simply copy and paste content from other AI tools or bots, or else I may have to downvote your actions. Do not provide the handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.
jjoijoijuoil;jkjlkkllkmlkmllk
A system contains many processes. Three common processes that are “grouped” together are transaction corrections, adjustments, and cancellations. These three elements work to properly serve customers. Imagine a system that allows you to register for a class online. The online system must give you a way to correct any errors you made, such as registering for the wrong class. This would be a transaction correction. The system should also allow you to make adjustments, such as adding or dropping classes. Finally, the system should allow you to make cancellations, such as cancelling the registration process entirely. Notice that all three of these processes, correction, adjustment, and cancellation, work together to provide you with one service, which is registering for classes. What type of requirements are transaction corrections, adjustments, and cancellations? Select one. Question 4 options: A Functional Requirements B Nonfunctional Requirements
T F The cost to create and distribute photos, videos,and podcasts should be a consideration when abusiness is trying to decide if it should participatein media sharing.