Pitney Company purchased an office building, land, and furniture for $723,200 cash. The appraised value of the assets was as follows. Land Building Furniture Total 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. $ 161,997 194,396 453,591 $809,984 Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Land Building Furniture Total Allocated Cost

Pitney Company purchased an office bullding, land, and furniture for $723,200cash. 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 dollar,) equired . Compute the amount to be recorded on the books for each asset . Show the purchase in a horizontal statements model. Frepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Record the purchase in a horizontal statements model. (In the Statement of Cosh Flows column, use the initials OA to designate operating activity, LA for investing activity, and to indicate that an element is not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign. Do not round infermeciate calculations. nearest whole dollar.) Prepare the general journal entry to record the purchase. (Do not round intermediate calculations. Round your final answers to nearest 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. Netei t inter dobits beforn oredes