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Pitney Company purchased an office building, land, and furniture for $769,900 cash. The appraised value...

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Accounting

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Pitney Company purchased an office building, land, and furniture for $769,900 cash. The appraised value of the assets was as follows. Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Compute the amount to be recorded on the books for each aset. (Do not round intermedtat calculations. Mound yeur final answern to nearest whole doilar:)

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