Chapter $8$ Homework

$1$

Diego Company paid $$185,000$ cash to acquire a group of items consisting of land appraised at $$42,000$ and a building appraised at $$168,000.$ Allocate total cost to these two assets and prepare an entry to record the purchase.

$2$ points Complete this question by entering your answers in the tabs below.

$01$:$31$:$42$

Total Cost

General

Journal

Allocate total cost to these two assets.

$\backslash$table$[[,$Percent of Total,Apportioned Cost$],[$Land$,,],[$Building$,,],[$Totals$,,]]$