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2 different questions. please help. A company purchased a group of assets for $200,000 in cash. The assets and their relative market values are listed

2 different questions. please help. image text in transcribed
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A company purchased a group of assets for $200,000 in cash. The assets and their relative market values are listed belh Prepare the journal entry to record the lump-sum purchase. Show all work to receive partial credit. If you plan to submit scrap paper, please type "scrap paper" in the box below. On October 1, 2026 a company purchased merchandise inventory for $90,000 by sioning a nole payable. The note in for 10 monthe and bear interat at a mat a w. Prepare the journal entries for the following transactions: 1. Purchase of the merchandise on October 2. Accrual of interest on December 31, 2026 3. Payment of the note at maturity on June 30, 2027 Explanations are not needed. Show all work to receive partial credi. If you plan to submit ncrop paper, ploase type 'scrap papere in the sor beiow. A company purchased a group of assets for $200,000 in cash. The assets and their relative market values are listed belh Prepare the journal entry to record the lump-sum purchase. Show all work to receive partial credit. If you plan to submit scrap paper, please type "scrap paper" in the box below. On October 1, 2026 a company purchased merchandise inventory for $90,000 by sioning a nole payable. The note in for 10 monthe and bear interat at a mat a w. Prepare the journal entries for the following transactions: 1. Purchase of the merchandise on October 2. Accrual of interest on December 31, 2026 3. Payment of the note at maturity on June 30, 2027 Explanations are not needed. Show all work to receive partial credi. If you plan to submit ncrop paper, ploase type 'scrap papere in the sor beiow

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