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Solve all 3 Parts please Read the requirements. Requirements 1. Journalize transactions for the following (explanations are not required): a. Purchase of the land b.

Solve all 3 Parts please

image text in transcribed Read the requirements. Requirements 1. Journalize transactions for the following (explanations are not required): a. Purchase of the land b. All the costs chargeable to the building in a single entry c. Depreciation on the building for 2021 2. Report Chin's plant assets on the company's balance sheet at December 31, 2021. 3. What will Chin's income statement for the year ended December 31, 2021, report for these facts

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