6 If a company is considering the purchase of a parcel of land that was originally acquired by the seller for
$104,000
, is currently offered for sale at
$188,000
, is considered by the purchaser as easily being worth
$178,000
, and is finally purchased for
$175,000
, the land should be recorded in the purchaser's books at:
0:41:42
Multiple Choice $175,000. $188,000. $178,000. $114,000. $176,500. Prev 6 of 23 Next

Question

6 If a company is considering the purchase of a parcel of land that was originally acquired by the seller for

$104,000

, is currently offered for sale at

$188,000

, is considered by the purchaser as easily being worth

$178,000

, and is finally purchased for

$175,000

, the land should be recorded in the purchaser's books at:

0:41:42

Multiple Choice $175,000. $188,000. $178,000. $114,000. $176,500. Prev 6 of 23 Next

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