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On thw journal entry I put the answer as: Land-Lot 1: Debit-> 106500 Land-Lot 2: Debit-> 71000 Land-lot 3: Debit-> 1775000 Cash: Credit-> 355000 but
On thw journal entry I put the answer as: Land-Lot 1: Debit-> 106500 Land-Lot 2: Debit-> 71000 Land-lot 3: Debit-> 1775000 Cash: Credit-> 355000 but it came as wrong answer Maplewood Properties bought the lots in a subdivision for a lump sum price. An independert appraiser valued the lots as follows: Click the icon to view the values :) Maplewood paid $55.000 in cash Record the purchase in the jour dentifying each lot's cost in a parte and count Round decimals to two places, and use the computed percentages throughout record am compound journey Record debits first, the credits Select the explanation on the last line of the journable) Date Accounts and Explanation Debit C Data Table 1 1 Lot Appraised Value 1 $ 144.000 2 96,000 3 240.000 Print Done
On thw journal entry I put the answer as:
Land-Lot 1: Debit-> 106500
Land-Lot 2: Debit-> 71000
Land-lot 3: Debit-> 1775000
Cash: Credit-> 355000
but it came as wrong answer
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