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11:41 11 of 12 5 d -888 Question 11 On April 12, Prism Ltd. a camera lens manufacturer, paid cash of $552,375 for real estate
11:41 11 of 12 5 d -888 Question 11 On April 12, Prism Ltd. a camera lens manufacturer, paid cash of $552,375 for real estate plus $29,400 cash in closing costs. The real estate included land appraised at $249, 480, land improvements appraised at $83,160 and a building appraised at $261,360. Prepare a calculation showing the allocation of the total cost among the three purchased assets and present the journal entry to record the purchase. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 2 3 3 # |||| 0 3 EX X 23 R >TT r< 10pt - ABC V AVVIX08 Q Question For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) B I " Paragraph Y Arial Expert Q&A = BEE * 0) V Question 11 7 points On April 12, Prism Ltd. a camera lens manufacturer, paid cash of $552,375 for real estate phas $29,400 cash in closing costs. The real estate included land apprained at $249, 480, land improvements appraised at $83,160 and a building appraised at $261,360 Prepare a calculation showi
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