Cala Manufacturing purchases land for $255,000 as part of its plans to build a new plant. The company pays $40,600 to tear down an old building on the lot and $60,017 to fill and level the lot. It also pays construction costs $1,401,100 for the new building and $88,442 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.

Journal entry worksheet A Record the total costs of the plant assets. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry View general journal Clear entry