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Deadwood Properties bought three lots in a subdivision for a latip-um price. An independent appraiser valued the lots as follows: Cek the icon to Vw

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Deadwood Properties bought three lots in a subdivision for a latip-um price. An independent appraiser valued the lots as follows: Cek the icon to Vw 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 pet centages throughout (Record a single compound journal entry Record debits first, the credits Select the explanation on the last line of the journal Dobit Credit Date Accounts and Explanation Land Lot Land Lot Ict - ect i Data Table Lot Appraised Value Lot 1 CA 44,000 Lot 2 220,000 176.000 Lot 3 Print Done

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