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Big Company purchased Small Company on January 15 th,2024, paying $130,000 in cash. Small's only...

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Accounting

Big Company purchased Small Company on January 15 th,2024, paying $130,000 in cash. Small's only asset was a building worth $115,000, and its only liability was a $45,000 note payable.
Complete the journal entry for Big Company to record its purchase of Small Company.
Journal entry worksheet
1
Big Company purchased Small Company on January 15th,2024, paying $130,000 in cash. Small's only asset was a building worth $115,000, and its only liability was a $45,000 note payable. Complete the journal entry for Big Company to record its purchase of Small Company
Note: Enter debits before credits.
\table[[,A,B,C,D],[,Date,Account Title,Debit,Credit],[1,0115?2024,,,],[2,,,,],[3,,,,],[4,,,,],[5,,,,],[6,,,,]]
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