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Everywhere Deliver Service paid $129,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a

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Everywhere Deliver Service paid $129,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $75,000, the building $43,000 and the equipment $24,000. Journalize the lump-sum purchase of the three assets for a total cost of $129,000, the amount for which the business signed a note payable. Note: When inputting a percentage value, do not include the % symbol, and round your percent answer to two decimal places (e.g.,50.346% would be 50.35). Use the rounded values for calculations throughout the assessment. Asset Market Value Percentage of Total Value Assig X Total Purchase Price = Land Building Equipment Total Date Description Debit Credit X X

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