# Landscaping Templates - Excel

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```					Excel Templates
Problem 12-1B
Student Name:

Class:
Excel Templates Problem 12-1B

Cost of tract of land and two buildings               \$ 1,350,000
Appraisal value of Building B                         \$ 472,770
Value of Land Improvements B                          \$ 125,145
Estimated value of Land                               \$ 792,585
Cost to demolish Building A                           \$ 117,000
Cost of additional landscaping                        \$ 172,500
Cost to construct new building (Building C)           \$ 1,356,000
Cost of new land improvements (Land Improvements C)   \$ 101,250
Excel Templates Problem 12-1B

Part 1
Land         Land
Improvements Improvements
Land   Building B   Building C         B            C
Purchase price*
Demolition
Landscaping
New building
New improvements
Total

*Allocation of purchase price

Total
Excel Templates Problem 12-1B

Part 2

Date                       Account Titles     Debit   Credit
2011
June       1

Explanation: To record costs of real estate

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Description: Landscaping Templates document sample