On April 12, 2023, Prism Ltd., a camera lens manufacturer, paid cash of $565,400 for...
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Accounting
On April 12, 2023, Prism Ltd., a camera lens manufacturer, paid cash of $565,400 for real estate plus $30,600 cash in closing costs. he real estate included land appraised at $181,800; land improvements appraised at $90,900; and a building appraised at $333,300. Present the journal entry to record the purchase. (Do not round intermediate calculations. Round the final answers to the nearest whole dollor.)
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