. On July 6, Tamarisk Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is: Land   $300,000 Buildings   900,000 Equipment   600,000    Total   $1,800,000 Tamarisk Company gave 12,300 shares of its $100 par value common stock in exchange. The stock had a market price of $168 per share on the date of the purchase of the property. 2. Tamarisk Company expended the following amounts in cash between July 6 and December 15, the date when it first occupied the building. (Prepare consolidated entry for all transactions below.) Repairs to building   $178,500 Construction of bases for equipment to be installed later   229,500 Driveways and parking lots   207,400 Remodeling of office space in building, including new partitions and walls   273,700 Special assessment by city on land   30,600 3. On December 20, the company paid cash for equipment, $442,000, subject to a 2% cash discount, and freight on equipment of $17,850. Prepare entries on the books of TamariskCompany for these transactions.

Sudoku Company issues 20,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $226,000 and the building at $376,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet A Record the issue of 20,000 shares of $8 par value common stock in exchange for land valued at $226,000 and a building valued at $376,000. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit

Sudoku Company issues 21,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $239,000 and the building at $379,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet A Record the issue of 21,000 shares of $8 par value common stock in exchange for land valued at $239,000 and a building valued at $379,000. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal

Mans Company is about to purchase the net assets of Eagle Incorporated, which has the following balance sheet:   Assets     Accounts receivable   $  60,000 Inventory   100,000 Equipment $  90,000   Accumulated depreciation   (50,000) 40,000       Land and buildings $300,000   Accumulated depreciation (100,000) 200,000 Goodwill       60,000      Total assets   $460,000       Liabilities and Stockholders' Equity     Bonds payable   $  80,000 Common stock, $10 par   200,000 Paid-in capital in excess of par   100,000 Retained earnings       80,000      Total liabilities and equity   $460,000   Mans has secured the following fair values of Eagle's accounts:   Inventory $130,000 Equipment 60,000 Land and buildings 260,000 Bonds payable 60,000   Acquisition costs were $20,000.   Required:   Record the entry for the purchase of…