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Questor Applications paid $150,000 for a group purchase of land, building, and equipment. Al the time of the acquisition, the land had a market value
Questor Applications paid $150,000 for a group purchase of land, building, and equipment. Al the time of the acquisition, the land had a market value of $80,000, the building $64,000, and the equipment $16,000. Journalize the lump-sum purchase of the three assets for a total cost of $150,000, the amount for which the business signed a note payable. (Record a single compound jounal entry Record debilis first, then aredits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit ng Choose trom any list or enter any number in the input fields and then continue to the next question notes receiv: prepaid MacBook Pro Search or enter website name 6 5 4 3 ate Accounts and Explanation Debit Accumulated Depreciation-Building Accumulated Depreciation-Equipment Building Cash Equipment Gain on Disposal Land Loss on Disposal Notes Payable Choose from any list or enter any number in the input fields and then continue to the next question. notes insura invento PREVI 21 MacBook Pro O Senreh ar anter website name
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