The cost of this machine to be debited to the machinery Account is ¢126,750,000. Where this happens, any cost incurred in demolishing the old building should be debited to the land account together with the purchase price of the land. There are occasions where land purchased as a building site has on it an old […]
Posts Tagged ‘principle’
This Principle Is Becoming Less Valid
Posted by adminweb on December 28th, 2019
Posted in Accounting 
Tags: becoming, principle, valid 
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