Should the demolition costs for the removal

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Quetsion 1: Should the demolition costs for the removal of the old high school be reported as an land improvement (nondepreciable) or as a loss on the demolition of old high school building?

  1. The new high school was built on the same campus, but a different location than the old high school building.
  2. The old high school building located was cleared so that ball fields could be completed there.

Reference no: EM132591855

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