On August 2, 2016, Alpha Company made a lump sum purchase of land, building, and equipment. The following were the appraised values of each element:

On August 2, 2016, Alpha Company made a lump sum purchase of land, building, and equipment. The following were the appraised values of each element:

PP&E Element

Amount

Land

$10,000

Building

20,000

Equipment

30,000

Alpha signed a 3 years, 5%, note in the amount of $72,000 for the lump sum purchase. Use this information to submit the General Journal entry (without explanation) for August 2. If no entry is required then write "No Entry Required."

I need a credit and debit ledger for this question.