Business, 14.04.2020 20:46 10040816

In Motion Upper T minus Shirts paid $ 180 comma 000 for a group purchase of land, building, and equipment. At the time of the acquisition, the land had a market value of $ 95 comma 000, the building $ 57 comma 000, and the equipment $ 38 comma 000. Journalize the lump-sum purchase of the three assets for a total cost of $ 180 comma 000, the amount for which the business signed a note payable.

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In Motion Upper T minus Shirts paid $ 180 comma 000 for a group purchase of land, building, and equi...

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