Anthropology homework help

Totals $3,490 $3,490 DDC Corp. purchased ABC Company on January 1, 2011 by paying $1,300 cash and issuing a $200 note payable. Brigham determined that the recorded balance sheet amounts above approximated the current fair values except for buildings (fair value of $900) and accounts payable (fair value of $500). Additionally, Brigham determined that ABC’s trademark was worth $500. The journal entry to record this purchase should includes