Question: On April 1 2 , 2 0 2 3 , Prism Ltd . , a camera lens manufacturer, paid cash of $ 5 6 6
On April Prism Ltd a camera lens manufacturer, paid cash of $ for real estate plus $ cash in closing costs.
The real estate included land appraised at $; land improvements appraised at $; and a building appraised at $
Present the journal entry to record the purchase. Do not round intermediate calculations. Round the final answers to the nearest
whole dollar.
Journal entry worksheet
Record the costs of lumpsum purchase.
Note: Enter debits before credits.
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