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3) Primadonna Company paid $870,000 plus $10,000 in legal costs for a parcel of real estate. This included land appraised at $350,000; land improvements appraised

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3) Primadonna Company paid $870,000 plus $10,000 in legal costs for a parcel of real estate. This included land appraised at $350,000; land improvements appraised at $80,000; and a building appraised at $370,000. The plan is to use the building as a manufacturing plant. Determine the amounts that should be debited to: (a) Land (b) Land Improvements (c) Building cc142 On November 1, 2019, Jill Luckovich began Jill Luckovich Interior Design Co. with an initial investment of $6,725, and on November 30 her records showed the following (alphabetically arranged) account balances: $3,000 350 Accounts payable Accounts receivable Cash Fees earned Notes payable Jill Luckovich, Capital 2,500 $600 2,250 2,875 6,400 700 6,725 Office furniture Jill Luckovich, Withdrawals Rent expense Salaries expense Telephone expense 2,200 1,250 4) From the information given in reference, prepare an income statement for November

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