Determine the best asset acquisition strategy for Winterfell Inc

Analyze the attached information and complete the following (300 Words):

1. Determine the best asset acquisition strategy for Winterfell Inc. and based on your selection, justify how it would be the most viable option.

2. Discuss and explain the most appropriate approach for journalizing these transactions.

3. Identify a depreciation method for the acquired assets and explain how it would be the best fit for this scenario. Justify your viewpoint with a valid rationale.

Assets Acquisition
Winterfell Inc. is in the process of acquiring various long-term assets. The following
costs are associated with the various acquisitions:
Asset Type
Buildings

Cost
$80,000

Land

60,000

Machinery

50,000

Computers

18,500

Vehicles

35,000

Analyze these expenses and complete the following:
Determine the best asset acquisition strategy for Winterfell Inc. and based on your
selection, justify how it would be the most viable option.
Discuss and explain the most appropriate approach for journalizing these transactions.
Identify a depreciation method for the acquired assets and explain how it would be the
best fit for this scenario. Justify your viewpoint with a valid rationale.