Business
Business, 29.10.2019 22:31, shadowz8813

Red rock bakery purchases land, building, and equipment for a single purchase price of $320,000. however, the estimated fair values of the land, building, and equipment are $147,000, $252,000, and $21,000, respectively, for a total estimated fair value of $420,000. required: determine the amounts red rock should record in the separate accounts for the land, the building, and the equipment.

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Red rock bakery purchases land, building, and equipment for a single purchase price of $320,000. how...

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