Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Montgomery Industries spent $670,000 in 2015 on a construction project to build a library. Montgomery also capitalized $33,500 of interest on the project in 2015. Montgomery financed 100% of the construction with a 12% construction loan. The project was completed on September 30, 2016. Additional expenditures in 2016 were as follows: Feb. 28 $ 96,300 Apr. 30 186,300 Jul. 1 42,300 Sept. 30 70,300

/in /by

Montgomery Industries spent $670,000 in 2015 on a construction project to build a library. Montgomery also

capitalized $33,500 of interest on the project in 2015. Montgomery financed 100% of the construction with a 12% construction loan. The project was completed on September 30, 2016. Additional expenditures in 2016 were as follows:

  
  Feb. 28$ 96,300  
  Apr. 30186,300  
  Jul. 142,300  
  Sept. 3070,300  
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"