Journal entry worksheet Tonto Company purchased all property for $280,000. The property included a building,...
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Journal entry worksheet Tonto Company purchased all property for $280,000. The property included a building, equipment, and land. The building was appraised at $175,000, the land at $126,000, and the equipment at $49,000. Prepare the journal entry to record the property basket purchase. Note: Enter debits before credits
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