Question: Can you please help me with the below question: On September 1, 2023, Vision Consulting Inc. purchased land and a building for a total price

Can you please help me with the below question:

Can you please help me with the below question: On September 1,

On September 1, 2023, Vision Consulting Inc. purchased land and a building for a total price of $570,000, by borrowing the full balance from the bank to be repaid within 6 years. The bank appraised the land at $216,000 and the building at $324,000. Enter an appropriate description, and enter the date in the format dd/mmm (i.e., 15/Jan)

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