Tag Archives: land

New! Cryptogram puzzle to review PP&E

Below are links to handouts for a cryptogram puzzle to review Property, Plant & Equipment in financial accounting. Both handouts relate to the same puzzle, but one is the student handout and the other is the solution. This is a quick puzzle – it is a phrase that relates to PP & E. To solve […]

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How will Black Squirrel Rentals use the relative sale value method to allocate the purchase price of a rental property it purchased?

Black Squirrel Rentals LLC is a real estate rental company located in Kent, Ohio, specializing in student housing. Black Squirrel Rentals recently purchased a large house at 217 Main Street in Kent for $290,000. Rooms in the house will be rented to students. In addition, there is office space that can be rented out on […]

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