A company purchases land,a building on the land,and equipment in the building all for $400,000 cash.The appraised values are $270,000,$135,000,and $45,000 for the land,building,and equipment,respectively.In the journal provided,record the entry for the purchase.(Omit explanation.)

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The Answer of A company purchases land,a building on the land,and equipment in the building all for $400,000 cash.The appraised values are $270,000,$135,000,and $45,000 for the land,building,and equipment,respectively.In the journal provided,record the entry for the purchase.(Omit explanation.)

A Company Purchases Land,a Building on the Land,and Equipment in the Building