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X E9-18 (similar to) Question Help Riverwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as

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X E9-18 (similar to) Question Help Riverwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: (Click the icon to view the values.) Riverwood paid $245,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Land-Lot 1 Land-Lot 2 Land-Lot 3 Cash To record purchase of the lots with cash Boo 245,000 ume of...11 Sive the xercise Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Final Check | Presen PrtSche Home Home, End o End PIUP POUP 11 I Pgon me lina PgDn Del Del 712 Backspace X E9-18 (similar to) Question Help Riverwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: (Click the icon to view the values.) Riverwood paid $245,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout. Record a single compound journal entry. Record debits first, then credits. Select the explanation on the ast line of the journal entry table.) Date Accounts and Explanation Debit Credit Land Land Data Table Land Cash To rece 245,000 Lot Appraised Value 42,000 84,000 294,000 Print Done oose from any list or enter any number in the input fields and then click Check Answer. parts showing Clear All Final Check PrtScn Home F9 End PUP FIT F8 PgDn F10 - F12 Ins

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