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Please create the journal entries for these transactions. Thank you! conet Edge CHAPTER 9 HOMEWORK PREVIOUS Problem 3:P9-32A Background: Elle Ichnson Associates surveys American eating

Please create the journal entries for these transactions. Thank you! image text in transcribed
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conet Edge CHAPTER 9 HOMEWORK PREVIOUS Problem 3:P9-32A Background: Elle Ichnson Associates surveys American eating habits. The company's 1) Using the General Journal tab, click Add Transaction to accounts indude Land, Buildings, Office Eguipment Equipment, with a separate Accumulated Depreciation account for each depreciable asset. Elie Jeheson Associates completed Assignment: journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction. 2) Click the Reports tab and review the results of recording these the activities listed n the Transactions section below during 201S 3) Click Suabmit Work when complete Transactions: 01/01/2018 Purchased office equipment, $113,000. Paid $80,000 cash and financed the remainder with a note payable 04/01/2018 Acquired land and communication in a lump-sum purchase. Total cost was $310,000, paid in cash. An independent appraisal valued the land at $244,125 and the communication equipment at $81,375 09/01/2018 Sold a building that cost $520,000 (accumulated depr of $285,000 through December 31 of the $420,000 on is computed on a straight ine basis. The buailding has a January 1, 2018-December 31, 2018 anch the

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