Question: need help with this ASAP !!!! Exerclse 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an office building. land, and


Exerclse 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an office building. land, and furniture for $753,800cash. The appraised value of the assets was as follows. Requlred a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. c. Prepare the general joumal entry to record the purchase. Complete this question by entering your answers in the tabs below. Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole doliar.) Exercise 8-6A (Algo) Allocating cocts for a basket purchase LO B-1 Pitney Company purchesed an omsice building iand, and fummure for 5353.800 cach. The ipprabed value of the assets wat os folows. Pequired a. Compute the amiourt 10 be recorded on the boois for each astet b. Shew the gurchase in a boritonta statemerta model c. Prepere the general joumal entry to recond the purchase Cengiete thik questina by extering reur answers in the talis below. newist chice folimi) Complete this question by entering your answers in the tabs below. Prepare the general journal entry to record the purchase. (Do not round intermediate calculations. Round your final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record purchase of land, building and furniture for cash
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