On January 1, 2023, Bona Vista Co. purchased land, a building, equipment, and tools for a total price of $5,220,000, paying cash of $1,284,000 and borrowing the balance from the bank. The bank appraiser valued the assets as follows: $1,165,800 for the land; $1,286,400 for the building; $924,600 for the equipment, and $643,200 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. Note: Enter debits before credits. Date January 01, 2023 General Journal Debit Credit

On January 1, 2023, Bona Vista Co. purchased land, a building, equipment, and tools for a total price of $5,220,000, paying cash of ' $1,284,000 and borrowing the balance from the bank. The bank appraiser valued the assets as follows $1,165,800 for the land: $1,286,400 for the bullding; $924,600 for the equipment; and $643,200 for the tools Prepare the entry to record the purchase, (Do not round intermediate calculations.)