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Eashwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows (Click the icon to vew
Eashwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows (Click the icon to vew the values.) Eastwood paid $210,000 in cash Record the purchase in the journal, identifying each lof's cost in a separate Land account Round decimas to two places, and use the compuled percentages throughout. (Record a single compound journal entry. Pecord dobits first, then credits Select the erplanation on the last line of the joumal entry table) pod Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots lick the icon to view the values.)
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