Question: On April 12, 2020, Prism Ltd., a camera lens manufacturer, paid cash of $552 , 375 for real estate plus $29 , 400 cash in

cash of $552 , 375 for real estate plus $29 , 400

On April 12, 2020, Prism Ltd., a camera lens manufacturer, paid cash of $552 , 375 for real estate plus $29 , 400 cash in closing costs. The real estate included land appraised at $249 , 480 ; land improvementc annminaw real estate plus $29 , 400 cash in closing costs. 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 lump-sum purchase

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