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pine Clothing purchased land, paying $122,000 cash plus a $260,000 note payable. In addition, Alpine paid delinquent $650, and $4,600 to level the land and

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pine Clothing purchased land, paying $122,000 cash plus a $260,000 note payable. In addition, Alpine paid delinquent $650, and $4,600 to level the land and remove an unwanted building. Record the journal entry for purchase of the land Begin by determining the cost of the land Purchase price of land Add related costs: Total cost of land Record the journal entry for purchase of the land. (Record a single compound journal entry Record d he journal entry table.) ebis first,then credits Select the explanation on tho last line Date Accounts and Explanation Debit Credit

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