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Business, 26.02.2020 19:26 hannahkharel2

Pitney Co. purchased an office building, land, and furniture for $654,900 cash. The appraised value of the assets was as follows: Land $ 73,349 Building 234,716 Furniture 425,423 Total $ 733,488 Required Compute the amount to be recorded on the books for each asset. Record the purchase in a horizontal statements model.

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