Kingston Clothing purchased land, paying $88,000 cash plus a $250,000 note payable. In addition, Kingston paid delinquent property tax of $2,100, title insurance costing $1,250, and $5,400 to level the land and remove an unwanted building. Record the journal entry for purchase of the land. Begin by determining the cost of the land. Purchase price of land Add related costs: Total cost of land Record the journal entry for purchase of the land. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.) Date Accounts and Explanation Debit Credit