A company needed a new building. It found a sultable location with an existing old bullding on the land. The company reached an agreement to buy the land and the old building for $913.000 cash. The old building was demolished to make way for the needed new bullding. Following is information regarding the demoltion of the old bullding and construction or the new one. Prepare a single journal entry to record the above costs assuming all transactions are paid in cash. Journal entry worksheet Record the costs assuming all transactions are paid in cash. Note: Enter debits before credits