Accounting

Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appralsed at $240,000; land improvements are appraised at $96,000; and the building is appraised at $144,000. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Allocate the total cost among the three assets. Note: Round yoor "Apportioned Cost" answers to 2 decimal ploces. Rodriguez Company pays $373,815 for real estate with land, land improvements, and a buliding Land is appralsed at $240,000; land improvements are appraised at $96,000; and the buliding is appralsed at $144,000. 1. Allocate the fotal cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Prepare the joumal entry to record the purchase. Note: Round your answern to 2 decimal places. Journal entry worksheet