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Question
wesley hospital installs a new parking lot. the paving cost $30,000 and the lights to illuminate the new parking area cost $12,000. which of the following statements is true with respect to these additions?
a.$30,000 should be debited to the land account
b.$12,000 should be debited to land improvements
c.$42,000 should be debited to the land account
d.$42,000 should be debited to land improvements
Answer
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