CPA FAR Exam-Fixed Assets, Land, Building and Land Improvements by Darius Clark-i-75 CPA Review.

[@pjcatalano9262]

B. The reason being that since it is a one time charge from the city it would then get thrown onto our land account. If it is a recurring charge over x amount of months, then that's more gray and I would say that it would be an expense.

[@aseagraves]

Thank you for explaining this more clearly than some other vendors!

[@guruguruprasath7980]

B is the answer. Goes to land cost

[@SusanWhitfield-v6j]

Incurred Last Year, Paid This Uear

[@jayachandraprasath9451]

Option b

[@VezeTech]

A. Land Cost - capitalizable land cost
B. Land Improvement - special assessment
C. Expensed - reoccurring cost
D. Not true

[@mansipatel7876]

B

[@irinajandieri4235]

b

[@AccountingEducation979]

B

[@Theresa9311]

B