BigTimber Inc acquires 5,000 acres of mature timberland for $10,00,000 in 2019. After harvesting, the land Is anticipated to have a fair market value of $1,500,000. In 2019, 51); Timber harvests Soo acres and sales the timber from 330 acres for $1,100,000. Record the purchase anti all subsequent transactions. What is the grass pref. Pereentage the product that was sale
Accounting 1) BigTimber Inc acquires 5,000 acres of mature timberland for $10,00,000 in 2019. After harvesting, the land Is anticipated to have a fair market value of $1,500,000. In 2019, 51); Timber harvests Soo acres and sales the timber from 330 acres for $1,100,000. Record the purchase anti all subsequent transactions. What is the grass […]