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Inttps ses Sawd Help Save C Rodriguez Company pays $368,550 for real estate with land, land improvements, and a building. Land is appraised at $245,000,
Inttps ses Sawd Help Save C Rodriguez Company pays $368,550 for real estate with land, land improvements, and a building. Land is appraised at $245,000, land nprovements are appraised at $98,000, and a building is appraised at $147,000 Required: . Allocate the total cost among the three assets. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Allocate the total cost among the three assets. (Round your "Apportioned cost answers to 2 decimal places.) Appraised Value Percent of Total x Total Cost of Appraised Acquisition Value Apportioned Cost Land Land improvements Building Totals
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