men Altheme of 000 sach of the individual a the land as a contr puthand based on en mar 37.000, the buildings manner s In Motion T-Shirts pays $340,000 for a group purchase of land, building, and el l s $185.000. Prepare a schedule acting purchase price signs a note prable for the purchase price 148.000, and the m present ing the purchase price of $340,000 to each of the individual purchased based on the river s , the help cum purchase of tree The bes t Prepare a schedule w purchase price for Begin by preparing a schedule alocating the purchase price of $40.000 Market Percentage of Total Market Value 10% Cost of Each Asset $ 34.000 $ Value 37.000 148,000 185,000 370,000 Equipment $ in seclude explanations from anyuma s Now journalize the lump-sum purchase of the three assets. The business signs a note payable for the purchase price (Record debits first, then credits Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit