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Diego Company paid $199,000 cash to acquire a group of items consisting of land appraised at $47600 and a building appraised at $190,400. Allocate total cost to these two assets and prepare an entry to record the purchase. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Total Cost General Journal Allocate total cost to these two assets. Land Building Totals Percent of Apportioned Total Cost 25% x $ 47,600 75% X 190,400 100% $ 238,000 General Journal Diego Company paid $199,000 cash to acquire a group of items consisting of land appraised at $47,600 and a building appraised at $190,400. Allocate total cost to these two assets and prepare an entry to record the purchase Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Total Cost General Journal Prepare an entry to record the purchase. No Transaction General Journal Credit A 1 Land Debit 47,600 190,400 Building Cash 199,000