Solution-What amount does sheridan record as the cost for

What amount does sheridan record as the cost for the land

Reference no: EM133093123

Question - Sheridan Company purchases land for $130000 cash. Sheridan assumes $5000 in property taxes due on the land. The title and attorney fees totaled $3200. Sheridan has the land graded for $4400. They paid $24000 for paving of a parking lot. What amount does Sheridan record as the cost for the land?

Reference no: EM133093123

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What amount does sheridan record as the cost for the land : Sheridan has the land graded for $4400. They paid $24000 for paving of a parking lot. What amount does Sheridan record as the cost for the land

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What amount does sheridan record as the cost for the land

Reference no: EM133093123

Reference no: EM133093123

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