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plz help fast Alamo Co. purchased a basket of assets for a total price of 5880.000 . These assets were appraised by the bank and
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Alamo Co. purchased a basket of assets for a total price of 5880.000 . These assets were appraised by the bank and have a total market value of $1,000,000 (land; $400,000; building: $500,000; and equipment: $100,000 ). The journal entry to record the purchase of these assets would include what amount for land? Select one: a. $440,000 b. $880,000. c. $352,000. d. $400,000 Step by Step Solution
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