In Motion T-Shirts pays $300,000 for a group purchase of land building and equipment At the time of acquisition, the land has a current met value of $264.000, the buildings current market value $33.000, and the equipment's current market value is $33,000. Prepare a schedule allocating the purchase price of $300,000 to each of the individual assets purchased based on the market value that the lump sum purchase of the three assets. The business signa a note payable for the purchase price Prepare a schedule alocating the purchase price of $300,000 to each of the individual assets purchased based on their relative market values, then journal.co The lump sum purchase of the three sets. The busine signs a note payable for the purchase price Begin by preparing a schedule alocating the purchase price of $300,000. (Do not under sin within the rout froide of the Percentage of Total Market column) Market (Sales) Percentage of Total Cost of Each Asset Value Market Value Asset Land Building Equipment 100 Total % Now journal em um purchase of the them. The business in a note payable for the purchase price record debts the reader from anyone Journal Entry Date Accounts Debit Cred