K- Boltwood Properties bought three lots in a subdivision for a lump-sum price: An independent appraiser valued the lots as follows: (Click the icon to view the values.) Boltwood paid $415,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date *** Accounts and Explanation Debit Credit Chapter 9 omework m *5 T G r B 0 Data table A 6 C Y H Question 2, EF9-18 (similar to) Boltwood Properties bought three lots in a subdivision for a la Lot 1 Lot 2 Lot 3 & 7 Lot Print G FR U $ J Appraised Value 171.500 269.500 49,000 8 Nicholas Michaellan t ... N M Done D prt sc ( 9 K > F10 HW Score: 0%, 0 of 53 points O Points: 0 of 10 V Clear all home } O PM O P L and $13 V e jourr two pl bund jo at line c Deb Ch inse { [ work-Personal Microsoft Edge ident/PlayerHomework.aspx/homeworkid-6441261608questionid=1&flushed-false&icid-73059110cent pter 9 ork r B K- 6 Y H Bottwo indepe (C Date Boltwo Depreciation Expense lot's c compu Gain on Disposal detits table) Land-Lot 11 Land-Lot 21 & 7 Accumulated Depreciation Building Cash Land Lot 2 EP C J 8 N M F9 Nicholas Michaelian 02/09/23 11:09 PM I K prt sc 61 F < = O Clear all home > 0 L PH P A and 1. ..... FIS 0 of 10 or a lump-sum price An e journal, identifying each two places, and use the ound journal entry Record at line of the journal entry 33 ( Check answer [ ? Save Debit Credit + N 1 D dola 330 PM 2/9/2023 1 ba work-Personal- Microsoft Edge dent/PlayerHomework aspx?homeworkid-6441261508questionid-1&flushed-tahe&icld-7305911¢erwi pter 9 rk J B 6 K Y H O Boltwo Gain on Disposal indepe (Land-Lot 1 compu debits table) C Cash Boltwo Land-Lot 2 lot's co Land-Lot 3 Loss on Disposal Notes Payable Date 5 7 N Depreciation Expense 8 U J 00. 8 Nicholas Michaelian 02/09/23 11:10 PM M - K prisc 61 9 FIO < O Clear all home } 0 L FII P A and ,0 of 10 PO or a lump-sum price. e journal, identifying eac two places, and use th ound journal entry Reco st line of the journal ent Insert ~ POR Check answer D Debit Credit ? Save +11 2 delete - ap Boltwo lot's c Question 2, EF9-18 (similar to) Boltwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows EEE (Click the icon to view the values.) compu debits table) C FT N L & 7 To record depreciation on lots. To record purchase of the lots with cash. To record purchase of the lots with notes payable. To record sale of lots. U FF J O 8 M prt sc ( 9 HW Score: 0%, 0 of 53 points O Points: 0 of 10 FIO V Clear all home ) 0 K L PH O P V end F12 1 insert Check answer 33 { ? 1 Save +11 = ing each use the Record nal entry 11:30 PM 2/9/2023 delete } ] backsp