Question

On April 14, 2014, Lestok Company purchased land and a building for a total price of $540,000, paying cash of $85,000 and borrowing the balance from the bank. The bank appraised the land at $320,000 and the building at $180,000. Complete the following table and prepare the entry to record thepurchase.


$1.99
Sales0
Views86
Comments0
  • CreatedJanuary 08, 2015
  • Files Included
Post your question
5000