Business, 07.03.2020 06:04 black99girl

Rodriguez Company pays $321,165 for real estate with land, land improvements, and a building. Land is appraised at $210,000; land improvements are appraised at $42,000; and a building is appraised at $168,000.Allocate the total cost among the three purchased assets and prepare the journal entry to record the purchase.

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Rodriguez Company pays $321,165 for real estate with land, land improvements, and a building. Land i...

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