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Rwerwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraisor valued the lots as follows Fi7 (Click the icon to
Rwerwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraisor valued the lots as follows Fi7 (Click the icon to vien the values) Riverwood paid 5290,000 in cash. Record the purchase in the joumal, identilying each lor's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout (Record a single corngound jocienal entry. Recoed debits lirst, then credits. Solect the explanation on the last line of the journal entry table.) Data table
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