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Land 6,100 Land 3,700 Building 14,600 Building 53,600 Land 5,200 Other Accounts 21,500 Other Accounts 914,600 6,700 Land Impr3,000 0. Cost of repairing vandalism damage during construction Proceeds from insurance company for windstorm and vandalism dAllocating Payments and Receipts to Fixed Asset Accounts The following payments and receipts are related to land, land improv

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Answer #1

1.

Item Account Amount
a Land 3700
b Land 427100
c Land 21900
d Land 6100
e Land -3700
f Land 14600
g Building 53600
h Building 5200
i Land 21500
j Other accounts -914600
k Other accounts 6700
l Land improvements 18500
m Land improvements 11000
n Land improvements 1300
o Other accounts 3000
p Other accounts -7300
q Building 975100
r Building 45800
s Building -433

2.

Amount debited to land:

Item Account Amount
a Land 3700
b Land 427100
c Land 21900
d Land 6100
e Land -3700
f Land 14600
i Land 21500
Total 491200

Amount debited to land improvements:

Item Account Amount
l Land improvements 18500
m Land improvements 11000
n Land improvements 1300
Total 30800

Amount debited to building:

Item Account Amount
g Building 53600
h Building 5200
q Building 975100
r Building 45800
s Building -433
Total 1079267
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