2 ts eBook Hint Print eferences Rodriguez Company pays 405

Last updated: 9/18/2023

2 ts eBook Hint Print eferences Rodriguez Company pays 405 405 for real estate with land land improvements and a building Land is appraised at 240 000 land improvements are appraised at 72 000 and the building is appraised at 168 000 1 Allocate the total cost among the three assets 2 Prepare the journal entry to record the purchase Complete this question by entering your answers in the tabs below Required 1 Required 2 Allocate the total cost among the three assets Note Round your Apportioned Cost answers to 2 decimal places Land Land improvements Building Appraised Value Percent of Total Appraised Value Total Cost of Acquisition Check m Apportioned Cost