{"id":41833,"date":"2022-03-15T15:05:39","date_gmt":"2022-03-15T15:05:39","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/ming-yue-company-pays-368250-for-real-estate-pluse-19600-in\/"},"modified":"2022-03-15T15:05:39","modified_gmt":"2022-03-15T15:05:39","slug":"ming-yue-company-pays-368250-for-real-estate-pluse-19600-in","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/ming-yue-company-pays-368250-for-real-estate-pluse-19600-in\/","title":{"rendered":"Ming yue company pays $368,250 for real estate pluse $19,600 in"},"content":{"rendered":"<div>\n<p>Ming Yue Company pays $368,250 for real estate pluse $19,600 in closing cost. The real estate consists of land appraised at $166,320; land improvements appraised at $55,440: and a building appraised at $174,240. \u00a0Allocate the total cost among the three purchased assets and prepare the journal entry to record the purchase.<\/p>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ming Yue Company pays $368,250 for real estate pluse $19,600 in closing cost. The real estate consists of land appraised at $166,320; land improvements appraised at $55,440: and a building appraised at $174,240. \u00a0Allocate the total cost among the three purchased assets and prepare the journal entry to record the purchase. \u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-41833","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/41833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=41833"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/41833\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=41833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=41833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=41833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}