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Cala Manufacturing purchases land for $309,000 as part of its plans to build a new plant. The company pays $27,900 to tear down an old

Cala Manufacturing purchases land for $309,000 as part of its plans to build a new plant. The company pays $27,900 to tear down an old building on the lot and $41,243 to fill and level the lot. It also pays construction costs $1,423,100 for the new building and $89,830 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.

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4 Cala Manufacturing purchases land for $309 boo as part of as plans to build a new plant. The company pays $27900 to tear down an old building on the lol and $41,243 to fill and level the lot. It also pays construction costs $1423100 for the new building and $89,830 for lighting and paving a parking area 5 Ints Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash View transaction list Hint Journal entry worksheet A Record the total costs of the plant assets. Note: Enter debits before credits Transaction General Journal bbbit |||| Ciedit Record entry View general journal Clear entry

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