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I have an finaicial accounting question I need help its about allocating the purchase price to land, building and land improvment use the allocation percentage
I have an finaicial accounting question I need help its about allocating the purchase price to land, building and land improvment use the allocation percentage I think to get the final price for each one. I forgot how to do it can you show step by step how to get the answers for each one. Here is the screenshot of the question with all the information.
This is thr question: a
Allocate the purchase price to the land, building, and land improvements. Round allocation percentage to decimal place, example. and final answers to decimal places, eg
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