Instructions Chart of Accounts General Journal Instructions On October 17. Nikde Company purchased a building and a plot of land for $616,200 The building was valued at $332 748 while the land cared a value of 8283.452. Nikle paid $70,100 down in cash and signed a note payable for the balance Required: Provide the ouma entry for this transaction Refer to the Chart of Accounts for exact wording of account ories