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Chapter 9 Assignment 10 points 1 Exercise 9-4 Lump-sum purchase LO1 eflook On January 1, 2023, Bona Vista Co. purchased land, a building, equipment, and
Chapter 9 Assignment 10 points 1 Exercise 9-4 Lump-sum purchase LO1 eflook On January 1, 2023, Bona Vista Co. purchased land, a building, equipment, and tools for a total price of $4.720,000, paying cash of $1,184,000 and borrowing the balance from the bank. The bank appraiser valued the assets as follows: $1,176,000 for the land $1.372.000 for the building: $1,019,200 for the equipment; and $352,800 for the tools, Prepare the entry to record the purchase. (Do not round intermediate calculations.) View transaction list Journal entry worksheet < Record the lump-sum purchase. Note: Enter debits before credits Date January 01, 2023 Land Building General Journal Debit 15.733.333 Credit 122.000 Help Serve & Exit Check m
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