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On January 1, 2020. Bona Vista Co purchased land, a building, equipment, and tools for a total price of $4,620,000. paying cash of $1.164.000 and
On January 1, 2020. Bona Vista Co purchased land, a building, equipment, and tools for a total price of $4,620,000. paying cash of $1.164.000 and borrowing the balance from the bank. The bank appraiser valued the assets as follows: $1170,000 for the land: $1,365,000 for the building: $1,014,000 for the equipment, and $351,000 for the tools. Prepare the entry to record the purchase. (Do not round Intermediate calculations.) View transaction list Journal entry worksheet 1 Record the lump-sum purchase. Nota: Enter dubits before credits Date General Journal Debit Credit January 01, 2020 Record entry Clear entry View general journal
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