Business, 10.01.2020 06:31 seanisom7

Concord pet care clinic paid $200,000 for a group purchase of land, building, and equipment. at the time of the acquisition, the land had a market value of $105,000, the building $63,000, and the equipment $42,000.

journalize the lump-sum purchase of the three assets for a total cost of $200,000, the amount for which the business signed a note payable.

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Concord pet care clinic paid $200,000 for a group purchase of land, building, and equipment. at the...

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