Sophlie Miller Associates sarveys American eating babils. The company's accounts include Land, Buildings, Orfice Equipment, and Comrmunication Equipment, with a separate Aecumetated Depreciation account for each depreclable asset. During 2024, Sophie Milar Associates completed the following transactions: (i) (Cick the icon to viow the transactions.) Record the transactions in the joumal of Sophie Miller Associates. (Record debits fisst, then credits. Select the explaration on the last line of the joumal entry table.) Jan 1: Purchased office equipment, $114.000 . Paid 570.000 cash and financed the remainder with a note payable. (Record a single compound joumal entry.) Apr. 1. Acquired land and communication equipment in a lump-sum purchose. Total cost was 5330.000 paid in cash. An independent appraisal valued the land at 5259,875 and the communication equipment at 586.625 . (Recond a single compound joumal entry.) More info Ape. 1: Acquired land and communication equipment in a lurnp-sum purchase. Total cost was $330 , 000 paid in cash. An independent appratsal valued the land a $259 , 875 and the communication equipment at $86 , 625 . (Record a tingle compound joumal entry.)
.
Sophlie Miller Associates sarveys American eating babils- The company'.docx
1. Sophlie Miller Associates sarveys American eating babils. The company's accounts include
Land, Buildings, Orfice Equipment, and Comrmunication Equipment, with a separate
Aecumetated Depreciation account for each depreclable asset. During 2024, Sophie Milar
Associates completed the following transactions: (i) (Cick the icon to viow the transactions.)
Record the transactions in the joumal of Sophie Miller Associates. (Record debits fisst, then
credits. Select the explaration on the last line of the joumal entry table.) Jan 1: Purchased office
equipment, $114.000 . Paid 570.000 cash and financed the remainder with a note payable.
(Record a single compound joumal entry.) Apr. 1. Acquired land and communication equipment
in a lump-sum purchose. Total cost was 5330.000 paid in cash. An independent appraisal valued
the land at 5259,875 and the communication equipment at 586.625 . (Recond a single compound
joumal entry.) More info Ape. 1: Acquired land and communication equipment in a lurnp-sum
purchase. Total cost was $330 , 000 paid in cash. An independent appratsal valued the land a
$259 , 875 and the communication equipment at $86 , 625 . (Record a tingle compound joumal
entry.)
