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Eastwood Properties bought three lots in a subdivision for a lump-sum price

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Eastwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follows: Click the icon to view the values.) Eastwood paid $265,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout. (Record a single compound Journal entry, Record dobits first, thon credits. Select the explanation on the last line of the journal ontry table.) Date Accounts and Explanation Debit Credit Land Lot 1 Land-Lot 2 Land Lot 3 265,000 Cash 0 Data Table Lot Lot 1 Lot 2 Lot 3 Appraised Value $ 255,000 229,500 25,500 Choose from any list or enter Check Answer Print Done All parts showing