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Acquired land at a cost of $60,000; paid one half of the purchase price in cash
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Dec 26, 2010, 10:08 AM
orrin
Acquired land at a cost of $60,000; paid one half of the purchase price in cash
Dec 26, 2010, 12:18 PM
pready
Debit Land for $60,000
Credit Cash for $30,000
Credit Mortgage Payable for $30,000
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