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Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $238,500, land improvements are appraised at $53,000,

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Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $238,500, land improvements are appraised at $53,000, and a building is appraised at $238,500. Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Require Required 2 Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Appraised Value Percent of Total Appraised Value x Total Cost of Acquisition Apportioned C ost Land Land improvements Building Totals Rece Required 2 > Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $238,500, land improvements are appraised at $53,000, and a building is appraised at $238,500 Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits Transaction General Journal Debt Credit Record entry Clear entry View general Journal

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