Question: Record a journal entry for 01/02/20X7 - Misc. doc. X7/001 notarial act dd. 01/02/02X7 DEF buys a building for an amount of 350 000,00 EUR.

Record a journal entry for

01/02/20X7 - Misc. doc. X7/001 notarial act dd. 01/02/02X7 DEF buys a building for an amount of 350 000,00 EUR. The price is split-up as follows: land for 200 000,00 EUR; and building for 150 000,00 EUR. (The building will be depreciated over 20 years. No residual value is assumed.)

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