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Sophie Miler Associates surveys American eating habits The company's accounts include Land Buildings Office Equipment, and Communication Equipment, with a separate Accumulated Depreciation account for each asset, During 2016, Sophie Miller completed the following transactions: Record the transactions in the journal of Sophie Miler Associates. (Record debts first, then credits. Select the explain on the journal entry table.) Jan. 1: Purchased office equipment, $111,000. Paid $73,000 cash and 1nanced the remaining with a note payable. (Record a single compound journal entry.) Apr 1: Acquired land equipment in a lump-sum purchase. Total cost was $350,000 paid in ca An independent appraisal valued the land at $275.625 and the communication equipment at $91, 875. (Record a single compound journal entry.)