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Business, 24.02.2020 22:11 lizettediego10

On October 17, Nickle Company purchased a building and a plot of land for $750,000. The building was valued at $500,000 while the land carried a value of $250,000. Nickle paid $300,000 down in cash and signed a note payable for the balance.
Prepare the journal entry for this transaction.

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