Question: Refer to PE 3-2. Make the journal entry necessary to record the transaction. Data from PE 3-2 Allendorf Company used $45,000 in cash to purchase

Refer to PE 3-2. Make the journal entry necessary to record the transaction.


Data from PE 3-2

Allendorf Company used $45,000 in cash to purchase land on the west side of Hatu Lake.

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