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Required information The following information applies to the questions displayed below! Harding Corporation acquired real estate that contained and building and equipment. The property cost

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Required information The following information applies to the questions displayed below! Harding Corporation acquired real estate that contained and building and equipment. The property cost Harding 51235.000. Harding paid $280,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values Land, $296.000, Building, $880,000 and Equipment. $584,000 (Round percentages to two decimal places:ie.054 - 590) What journal entry would be used to record the purchase of the above assets? Multiple Choice Land Building Egudent 295.000 850,000 584.000 O Land Building Equipment Casa Notes payable 290,000 300,000 534,000 200,00 1,400.000 O Land Buding Equipoent 296.000 380.000 554.000 Notes payable Ginoo purchase of long-term assets 955.000 200.000 525.000 Land Dullains Equit Cash motes payable 209,950 617.500 487.550 200.000 955.000

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