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(Solved) (Latest ver. Aug 2020) - Journaling assets accounting 101

Brief item decscription

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July 2 Bought Splashdown in it's entirety for a total price of $540,800. The assets include pool furniture, $3,800; the pool/slide facility(includes filter system, pools, pump, and slides), $148,800; building, $96,200; and land, $292,000. Paid $120,000 down and signed a mortgage note for the remainder. Journalise the transaction.


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