Heidel Co.paid $750,000 cash to buy the plant assets of Rogers Co.which 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.

Question

Heidel Co.paid $750,000 cash to buy the plant assets of Rogers Co.which 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.

Quizplus · Accepted Answer

The Answer of Heidel Co.paid $750,000 cash to buy the plant assets of Rogers Co.which 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 CoPaid $750,000 Cash to Buy the Plant Assets of Rogers