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On April 12, 2023, Prism Ltd, a camera lens manufacturer, paid cash o.pdf

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On April 12, 2023, Prism Ltd, a camera lens manufacturer, paid cash of $563,000 for real estate plus $30,400 cash in closing costs The real estate included land appraised at $193,280; land improvements appraised at $60,400, and a.bullding appraised at $350,320. Present the journal entry to record the purchase, (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits..

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On April 12, 2023, Prism Ltd, a camera lens manufacturer, paid cash of $563,000 for real estate plus $30,400 cash in closing costs The real estate included land appraised at $193,280; land improvements appraised at $60,400, and a.bullding appraised at $350,320. Present the journal entry to record the purchase, (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits.

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