Accounting
Textbooks
Boundless Accounting
Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources
Components of Asset Cost
Accounting Textbooks Boundless Accounting Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources Components of Asset Cost
Accounting Textbooks Boundless Accounting Controlling and Reporting of Real Assets: Property, Plant, Equipment, and Natural Resources
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 7
Created by Boundless

Cost of Land

The cost of land is based on its acquisition price.

The cost of land is based on its acquisition price.

All costs associated with acquiring land and putting it to use are included in the cost of land.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "All sizes | McDonald's Headquarters | Flickr - Photo Sharing!."
    http://www.flickr.com/photos/vegasrob/2900433780/sizes/o/ Flickr CC BY.

Related Terms

  • balance sheet
  • income statement
  • Subjects
    • Accounting
    • Algebra
    • Art History
    • Biology
    • Business
    • Calculus
    • Chemistry
    • Communications
    • Economics
    • Finance
    • Management
    • Marketing
    • Microbiology
    • Physics
    • Physiology
    • Political Science
    • Psychology
    • Sociology
    • Statistics
    • U.S. History
    • World History
    • Writing

    Except where noted, content and user contributions on this site are licensed under CC BY-SA 4.0 with attribution required.