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On July 1 ABC Company made a basket purchase in which they paid $200,000 for 3 assets. Information regarding the purchase is given below: Building

On July 1 ABC Company made a basket purchase in which they paid $200,000 for 3 assets. Information regarding the purchase is given below: Building Appraisal Value $ 99,000 $ 88,000 $ 33,000 Land Equipment The Building account will be debited for what amount when preparing the journal entry for this purchase

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