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Accounting
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Cala Manufacturing purchases land for $375,000 as part of its plans to build a new plant. The company pays $36,400 to tear down an old building on the lot and $53,809 to fill and level the lot. It also pays construction costs $1555,500 for the new building and $98,188 for lighting and paving a parking area, Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash View transaction ist Journal entry worksheet Record the total costs of the plant assets. Not Enter debits before credits Transaction General Journal Debit Credit Record and Clear entry View general Journal
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