Deadwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: EE (Click the loon to view the values.) Deadwood paid $320,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed parcentages throughout Retend a single compound jou entry Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Land-Lot 1 Land-Lot 2 Land-Lot 3 Cash To reconst purchase of the lots with cash Debit Credit Data table 320,000 Lot Appraised Value Let 1 $ 123,000 Lot 2 Lot 3 82,000 205.000 Print Done On January 2, 2023, Couture Clothing Consignments purchased showroom fixtures for $13,000 cash, expecting the fixtures to remain in service for five years. Couture has depreciated the fixtures on a double-declining-balance basis with residual value. On August 31, 2024, Couture sold the fatures for $6,300 cash Record both depreciation experise for 2024 and sale of the fixtures on August 31, 2024. (Recent debts first, then credits Select the explanation on the last of the joumal entry lable. Note that 2023 depreciation was recorded and posted in 2023) Begin by recording the depreciation expense for January 1, 2024 through August 31, 2024 Date Aug 31 Accounts and Explanation Debit Credit