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W UMTI TUW) connect.html Chapter 8 Homework mework A Saved Pitney Co. purchased an office building, land, and furniture for $633,800 cash. The appraised value of the assets was as follows: Land Building Furniture Total $113,577 212,957 383, 322 $709,856 Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) Allocated Cost Land Building Furniture Total Required A Required B > work A Soved Pitney Co. purchased an office building, land, and furniture for $633,800 cash. The appraised value of the assets was as follows: Land Building Furniture Total $113,577 212,957 383, 322 5709,856 Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. Required A Required B Show the purchase in a horizontal statements model. (Do not round intermediate calculations. Round your final answers to nearest whole dollar. In the Cash Flow column, use the initials CA to designate operating activity, IA for investing activity, FA for financing activity, NC for net change in cash and NA for not affected. Enter any decreases to account balances with a minus sign.) PITNEY CO. Statements Model - Equity Revenue - Expenses Net Income Cash Flows Assets . Cash Land Building Furn. LLL H a o = = 6 0 9 ype here to search

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