Rodriguez Company pays $336,960 for real estate with land, land improvements, and a building. Land is appraised at $193,500; land improvements are appraised at $86,000; and a building is appraised at $150,500. Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase.

2 Rodriguez Compeny peys $336,960 for real estate with land, land improvements, and a building. Lend is appraised at $193.500: land improvements are appraised at $86,000: and a building is appraised at S150.500 Ho ee san Chc ny wa Required 1 Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase 10 2 pois eg rymys oreen es mia.m r see appmse as xt a Inpw a 3t racing ipaerC eBook Feaired 1 cosiariong dw t co Complete this question by entering your answers in the tabs below. Hirs Print Reured rsin the te e Required 2 Compisse thic qases by astone yr nce Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) Rone e View journal entry worksheet al ry dhe d yus ) View transaction list VewtuTRa Vwmlry weam No Transaction Genaral Journal Debit Credit Land Land inpravements Buildng Cash A 1 193,500.00 er Irsacda Evtt 06,000.00 empor 150,500.00 S 430 000 00 4U 2 hed e