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Items to include and capitalize with the purchase of land.

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When a company purchases bare land to build upon what are some of the things that can be included and capitalized on with that purchase?

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This solution discusses the following business question:

When a company purchases bare land to build upon what are some of the things that can be included and capitalized on with that purchase?

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When a company purchases land and builds upon that land, the cost of everything related to preparing the land for use is included and capitalized with the purchase. If the land is purchased and then the company builds at a point after the purchase, the land would be ...

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