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ment 9 - Ch9 On April 12, 2020, Prism Lid., a camera lens manufacturer, paid cash of $567,800 for real estate plus $30,800 cash In

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ment 9 - Ch9 On April 12, 2020, Prism Lid., a camera lens manufacturer, paid cash of $567,800 for real estate plus $30,800 cash In closing costs, The real estate included land appraised at $170,240; land Improvements appraised at $79,040; and a building appraised at $358,720. (6) (e) Ratio of Individual Appraised Value to Cost Allocation Appraised Total Appraised Value (b) . Total Actual PPE Asset Values (a] . Total Appraised Value Cost Present the journal entry to record the purchase. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits. Debit Crecht Date General Journal April 12, 2020 Prey 1 of 5 #1 Next >

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