Ch12_P01A - Trans. Date Account Titles no. Debit Credit...

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Fundamental Accounting Principles Student Name: Eleventh Canadian Edition, by Larson, Jensen, and Carroll Class: SPATS Problem 12-1A Press F5, enter a cell reference, and click on <OK> to go to one of the following data entry areas: REPORT REFERENCEPRINT AREA Schedule M1 M5:R28 General Journal (Parts 2 and 3) U1 U5:Y27 Given Data AB1
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REPORT REFERENCE General Journal (Parts 2 and 3) U1 Given Data AB1 0 0 SPATS Problem 12-1A ProSports Schedule Land Land Building Building Improvements Improvements Land Two Three One Two * Allocation of Purchase Price: Appraised Percentage Apportioned Value of Total Cost
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REPORT REFERENCE Schedule M1 Given Data AB1 0 0 SPATS Problem 12-1A ProSports General Journal
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Unformatted text preview: Trans. Date Account Titles no. Debit Credit Given Data: ProSports Purchase price for land and 2 buildings $2,800,000 Building Two: Appraised value 641,300 Useful life in years 20 Salvage value 80,000 Land Improvements One: Appraised value 408,100 Useful life in years 14 Salvage value 0 Appraised value of land only 1,865,600 Cost to demolish Building One 422,600 Cost of additional landscaping 167,200 Cost to construct Building Three 2,019,000 Building Three: Useful life in years 20 Salvage value 0 Cost Land Improvements two 158,000 Check figure: Part 2 Dr Land 2,381,800...
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Ch12_P01A - Trans. Date Account Titles no. Debit Credit...

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