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The assets purchased and their appraisal values are given below. Asset Appraisal Value Bulldozers Birr 50,000 Dump Truck 100,000 Scrapers 150,000 Excavators 300,000 Total Birr

The assets purchased and their appraisal values are given below. Asset Appraisal Value Bulldozers Birr 50,000 Dump Truck 100,000 Scrapers 150,000 Excavators 300,000 Total Birr 600,000 Required:- Assuming that P Company paid birr 500,000 for all assets acquired, help me to prepare schedule showing the allocation of total cost among the asset acquired

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