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ped Check my work Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $216,000; land
ped Check my work Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $216,000; land improvements are appraised at $72,000; and the building is appraised at $192,000. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. ook Required 1 Required 2 ant ences Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Land Land improvements Building Totals Appraised Value Percent of Total Appraised Value Total Cost of Acquisition -Apportioned Cost $ 0 0% $ 0.00 C Repaired 1 Required 2 >
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