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Cala Manufacturing purchases land for 463000 Ex 8-2 Saved Help Save & Exit Submit Check my work Cala Manufacturing purchases land for $463,000 as part

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Cala Manufacturing purchases land for 463000

Ex 8-2 Saved Help Save & Exit Submit Check my work Cala Manufacturing purchases land for $463,000 as part of its plans to build a new plant. The company pays $40,200 to tear down an old building on the lot and $59,426 to fill and level the lot. It also pays construction costs $1,321,200 for the new building and $83,398 for lighting and paving a parking area. points Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. eBook View transaction list Hint Print Journal entry worksheet References Record the total costs of the plant assets. Note: Enter debits before credits. Transaction General Journal Debit Credit MC

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