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Diego Company paid $ 1 8 2 , 0 0 0 cash to acquire a group of items consisting of land appraised at $ 5

Diego Company paid $182,000 cash to acquire a group of items consisting of land appraised at $51,000 and a building appraised at $153,000. Allocate total cost to these two assets and prepare an entry to record the purchase.
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Allocate total cost to these two assets.
\table[[,Percent of Total,Apportioned Cost],[Land,,],[Building,,],[Totals,,]]
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