On March 1, Donna Co. began construction of a small building. The following expenditures were incurred for construction
Posted: Thu May 19, 2022 12:35 pm
On March 1, Donna Co. began construction of a small building. The following expenditures were incurred for construction March 1 $318,000 April 1 257,000 May 1 741,000 June 1 1.131.000 July 1 399,000 The building was completed and occupied on July 1. To help pay for construction $218,000 was borrowed on March on a 12 three year note payable. The only other debt outstanding during the year was a $2.000.000, 10% noto ksued two years ago 0
(a) Calculate the weighted average accumulated expenditures. (Do not leave any answer field blank. Enter for amorti) Weighted Average Accumulated Expenditure Date Expenditures Capitalization Period March 1 $318.00 $ April 1 257.000 May 1 741.000 June 1 1.131.000 399.000 July 1
(a) Calculate the weighted average accumulated expenditures. (Do not leave any answer field blank. Enter for amorti) Weighted Average Accumulated Expenditure Date Expenditures Capitalization Period March 1 $318.00 $ April 1 257.000 May 1 741.000 June 1 1.131.000 399.000 July 1