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Deadwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: (Click the icon to view

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Deadwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: (Click the icon to view the values) Deadwood paid $435,000 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 percentages throughout. (Record a single compound journal entry Record debits first, then credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer A Data Table ht. last Lot Appraised Value Lot 1 $ 70,500 Lot 2 164,500 Lot 3 235,000 Print Done fie

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