Buildings, and to Determine the amounts that should be debited to Land, to Buildings, and to Machinery and Equipment. Assume the benefits of capitaliaing interest during construction exceed the cost of implementation. Indicate how any costs not debited to these accounts should be recorded. (Piease leave spaces blenk if there is no answer. Do not enter aeros in those spoces) Land Abstract fees Architect's fces Cash paid for land and old building Removal of old building Interest on loans during construction Excavation before construction Machinery purchased Freight on machinery Storage charges caused by noncompletion of building New bullding Assessment by city Hauling charges - machinery Installation - machinery Landscaping.

1. Buildings, and to Determine the amounts that should be debited to Land, to Buildings, and to
Machinery and Equipment. Assume the benefits of capitaliaing interest during construction
exceed the cost of implementation. Indicate how any costs not debited to these accounts should
be recorded. (Piease leave spaces blenk if there is no answer. Do not enter aeros in those spoces)
Land Abstract fees Architect's fces Cash paid for land and old building Removal of old building
Interest on loans during construction Excavation before construction Machinery purchased
Freight on machinery Storage charges caused by noncompletion of building New bullding
Assessment by city Hauling charges - machinery Installation - machinery Landscaping