Question: This Question: 1 pt 1 of 6 (1 complete This Quiz: 6 pts possible has son grim Pittsfield Sound Center paid $150,000 for a group

 This Question: 1 pt 1 of 6 (1 complete This Quiz:

This Question: 1 pt 1 of 6 (1 complete This Quiz: 6 pts possible has son grim Pittsfield Sound Center paid $150,000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $80.000, the building $48,000, and the equipment $32,000. Jourmalize the lump sum purchase of the three assets for a total cost of $150.000 the amount for which the business signed a note payab Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Alts Date Accounts and Explanation Debit Credit y Pia imed ter amics mus salt GI Choose from any for enter any number in the input fields and then continue to the next

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