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Clothing purchased land paying 115000 cash and signing a

Question - Clothing purchased land, paying $115,000 cash and signing a $270,000 note payable. In addition, Kingston paid delinquent property tax of $1,800, title insurance costing $ 900, and $4,600 to level the land and remove an unwanted building. Record the journal entry for purchase of the land.

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Accounting Basics: Clothing purchased land paying 115000 cash and signing a

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Accounting Basics: Clothing purchased land paying 115000 cash and signing a

Reference No:- TGS02825368

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