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1 Saved Cala Manufacturing purchases land for $390,000 as part of its plans to build a new plant. The company pays $33,500 to tear down

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Saved Cala Manufacturing purchases land for $390,000 as part of its plans to build a new plant. The company pays $33,500 to tear down an old building on the lot the and $47.000 to fill and level the lot. It also pays construction costs of $1452,200 for the new building and $87,800 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. View transaction list Journal entry worksheet earch II OO View transaction list Journal entry worksheet Record the total costs of the plant assets. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal en list entry worksheet Accumulated amortization Accumulated depletion Accumulated depreciation Amortization expense Del entry worksheet Building e Cash Depletion expense Depreciation expense ebi Equipment n d entry Clear entry n list entry worksheet Gain on sale of equipment e Goodwill Impairment loss ebi Land Land improvements D n entry worksheet Leasehold improvements Loss from fire Loss on disposal of equipment Loss on exchange of assets ebi Loss on sale of equipment danto ction list al entry worksheet Machinery the Mineral deposit Ore mine debi Prepaid rent Rent expense ion rnal entry worksheet A Ore mine cord the Prepaid rent Rent expense Enter debi Repairs expense Vehicles saction 1

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