When a company purchases land with a building on it and immediately tears down the building so that the land can be used ,

Question

for the construction of a plant, the costs incurred to tear down the building should be ?

A. Expensed as incurred.

B. Added to the cost of the plant

C. Added to the cost of the land

D. Amortized over the estimated time period between the tearing down of the building and the completion of the plant.

paila harichandrudu paila rajayya · Answer

When a company purchases land with a building on it and immediately tears down the building so that the land can be used.

Farouk Seyadou · Answer

Renovating based on the market need

مقبول محمد جلال علي · Answer

..((C.Added to the cost of land  ))..