purchased the assets of a competing business and paid cash for the following :land,100,00;lodge,530,000;and fishing...
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purchased the assets of a competing business and paid cash for the following :land,100,00;lodge,530,000;and fishing boats,9000. The luge has a remaining useful life of 50years and a 50,000 salvage value . The boats have remaining lives of fiver years and no salvage. I need to know how to journalize this please
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You can see the logs in the Dashboard.