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Pitney Company purchased an office building, land, and furniture for $657,400cash. The appraised value of the assets was as follows. Required a. Compute the amount

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Pitney Company purchased an office building, land, and furniture for $657,400cash. The appraised value of the assets was as follows. Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole dollor.) Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal stotements moded. c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Pecord the purchase in a horitontal statements model. (th the Statement of Cash flows column, use the initials on to denignate operating activity, in for inveiting acthy to Indicate that an elemeot is not affected by the event. Enter any decreases to account balancer and cash outfows with a minus sign. Do nat reund intermed ate calcu nearest whole dotlar.) Prepare the general journal entry to record the purchase. (Do not round intermediate calculations. Round your final answ whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record purchase of land, bullding and furniture for cash. Note: Enter debits before credits

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