Pitney Co. purchased an office building, land, and furniture for $685,600 cash. The appraised value of...

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Pitney Co. purchased an office building, land, and furniture for $685,600 cash. The appraised value of the assets was as follows: Land Bullding Furniture $ 99,823 238,040 430,008 $767,872 Total Required 8. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model like the following one: c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole dollan) Allocated Cost Land Bulding Fumiture Total Required B > Prev 21 Pitney Ca purchased an office building. land, and furniture for S685,600 cash. The appraised value of the assets was as follows Land 1. 99,023 Blding Furniture Total 430,o S767.822 Required a. Compute the amount to be recorded on the books for each asset b. Show the puchase in a horizontal statements madel like the following one e Prepare the general journal entry to record the purchase Complete this question by entering your answers in the tabs below. leauired A Required Required C Show the purchase in a horizontal stateinents model like the following oner (Do not round intermediate.calculations. Round your final answers to nearest whole dollar. In the Cash Flow column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, NC for net change in cash and NA for not affected. Enter any decreases to account halanCHs with a miinus sign) Show lessa PITNEY CO Slatements Modet Assats Epuity Hevenue Expenses Net income Cast Flows Lad Fum ( Requied A Required C Pitney Co. purchased an office building, land, and furniture for $685.600 cash. The appraised value of the assets was as follows Land Building Furniture $ 99,823 238,040 430,008 $767,872 Total Required a. Compute the amount to be recorded on the books for each asset b. Show the purchase in a horizontal statements model like the following one. c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B quired C 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.) View transaction list Journal entry worksheet A Record purchase of land, building and furniture for cash. Noter Enter debita before credits. Event General Journal Debit Credit Pitney Co. purchased an office building, land, and furniture for $685,600 cash. The appraised value of the assets was as follows: Land Bullding Furniture $ 99,823 238,040 430,008 $767,872 Total Required 8. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model like the following one: c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole dollan) Allocated Cost Land Bulding Fumiture Total Required B > Prev 21 Pitney Ca purchased an office building. land, and furniture for S685,600 cash. The appraised value of the assets was as follows Land 1. 99,023 Blding Furniture Total 430,o S767.822 Required a. Compute the amount to be recorded on the books for each asset b. Show the puchase in a horizontal statements madel like the following one e Prepare the general journal entry to record the purchase Complete this question by entering your answers in the tabs below. leauired A Required Required C Show the purchase in a horizontal stateinents model like the following oner (Do not round intermediate.calculations. Round your final answers to nearest whole dollar. In the Cash Flow column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, NC for net change in cash and NA for not affected. Enter any decreases to account halanCHs with a miinus sign) Show lessa PITNEY CO Slatements Modet Assats Epuity Hevenue Expenses Net income Cast Flows Lad Fum ( Requied A Required C Pitney Co. purchased an office building, land, and furniture for $685.600 cash. The appraised value of the assets was as follows Land Building Furniture $ 99,823 238,040 430,008 $767,872 Total Required a. Compute the amount to be recorded on the books for each asset b. Show the purchase in a horizontal statements model like the following one. c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B quired C 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.) View transaction list Journal entry worksheet A Record purchase of land, building and furniture for cash. Noter Enter debita before credits. Event General Journal Debit Credit

Answer rating: 100% (QA)

a percentage land 99823767872685600 89128 Building 238040767872685600 212... View the full answer