Cala Manufacturing purchases land for $361,000 as part of its plans to build a new plant. The company pays $28,700 to tear down an old building on the lot and $42,426 to fill and level the lot. It also pays construction costs of $1,653,600 for the new building and $104,380 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. View transaction list Journal entry worksheet A Record the total costs of the plant assets. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Brow Credit View general journal 1 of 7

Cala Manufacturing purchases land for $361,000 as part of its plans to build a new plant. The company pays $28,700 to tear down an id building on the lot and $42,426 to fill and level the lot. It also pays construction costs of $1,653,600 for the new building and 104,380 for lighting and paving a parking area. repare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. Journal entry worksheet Record the total costs of the plant assets. Note: Enter debits before credits. Exercise 8-2 (Algo) Recording costs of assets LO C1 Cala Manufacturing purchases land for $361,000 as part of its plans to build a new plant. The company pays $28,700 to tear down an old building on the lot and $42,426 to fill and level the lot. It also pays construction costs of $1,653,600 for the new building and 5104,380 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 Record the total costs of the plant assets. Note: Enter debits before credits