Heidel Co. paid $750,000 cash to buy the property, plant and equipment of Rogers Co. that went out of business. An independent appraiser assigned the following values to the assets acquired:
Prepare Heidel's journal entry to record the acquisition of these assets.

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The Answer of Heidel Co. paid $750,000 cash to buy the property, plant and equipment of Rogers Co. that went out of business. An independent appraiser assigned the following values to the assets acquired:
Prepare Heidel's journal entry to record the acquisition of these assets.

Heidel Co Paid $750,000 Cash to Buy the Property, Plant and and Equipment