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couldnt see it all on last one Pitney Co. purchased an office building, land, and furniture for $690,000 cash. The appraised value of the assets
couldnt see it all on last one
Pitney Co. purchased an office building, land, and furniture for $690,000 cash. The appraised value of the assets was as follows: Land Building Furniture Total $123,648 255,024 394, 128 $772,800 Required o. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model, ces Complete this question by entering your answers in the tabs below. Required A Required B Show the purchase in a horizontal statements model(In the Statement of Cash Flows column, use the initials CA to designate operating activity cash. Enter any decreases to account balance and cash outflows with a minus sign. Not all cells require input. Do not round Intermediate calcul PITNEY CO Horizontal Statements Model Balance Sheet Income Statement Assets Liability Stockholder's Equity Revenue Expenses Net Income Cash + Land Building + Fum, PITNEY CO. Horizontal Statements Model Balance Sheet Income Statement Assets Liability Stockholder's Equity Statement of Cash Flows Revenue Expenses - Net Income Cash Land Building . Furn Step by Step Solution
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