Question: Done < AA ezto.mheducation.com Exam 3 Saved 15 1 points Help Save & Exit Submit Rodriguez Company pays $373,815 for real estate with land,

Done < AA ezto.mheducation.com Exam 3 Saved 15 1 points Help Save & Exit Submit Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $164,000; land improvements are appraised at $61,500; and the building is appraised at $184,500. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. 44% 01:02:52 Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal place View transaction list Journal entry worksheet < A Record the costs of lump-sum purchase. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general jour < Required 1 Required 2 > Mc Graw Hill < Prev 1 of 7 Next >
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