Homework A Graded Date Building Equipment Question 2, 8F10-2 (similar to) Accounts and Explanation Aber and Bad $130,000 for a group purchase of land building, and equipment. At the time of the acquisition, the land had a market value of $70,000. the building $42,000, and the equipment $28.000 Joumalize the lump sur purchase of the three assets for a total cost of $130.000, the amount for which the business signed a note payable (Pacord a single compor journal entry Rabits first, then credes Select the explanation on the last line of the journal entry table)

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