asked 23.7k views
5 votes
PLEASE HELP 100 POINTS Land purchased for $25,000 appreciates in value to $150,000. What value would be listed on an accounting statement?

A. $25,000
B. $150,000
C. $125,000
D. Two-thirds of $150,000

1 Answer

4 votes

Answer:

C

Step-by-step explanation:

answered
User El Solo Lobo
by
8.1k points
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