Fairview Clothing purchased and paying $88,000 cash and signing a $240,000 payable. In addition, Fairview padded property tax of $2,000, tiene contings, and 35,400 to level the land and remove an unwanted building. Record the journal entry for purchase of the land Begin by determining the cost of the land, Purchase price and Add related cow Total cost of land Record the many for purchase of the land Record a single compound jury Record debit first, the credits Select the exploration on the last one of the journal arty) Date Accounts and Explanation Credit