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Southwood Properties bought throe lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as tollows (Click the icon to view
Southwood Properties bought throe lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as tollows (Click the icon to view the values,) Southwood paid $210,000 in cash. Record the purchase in the joumal, idencifying each lot's cost in a separate Land account. Round decimals to fwo placis, and ve the cornputes percentagen throughout. (Record a single compound journal entry. Record debits fist, then crests. Solect the upplanation on the lant line of the joumal antry table) Data table
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