er 8 Homework Pitney Co. pu an office building, land, and furniture for $500,000 cash. The appraised value of the assets was as follows: $180,000 300,000 120,000 $600,000 Building Furniture Required a. Compute the amount to be recorded on the books for each asset b. Show the purchase in a horizontal statements model like the following one: int encesc. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount to be recorded on the books for each asset. Building