On the basis of the details of the following fixed asset account, indicate the items to be
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ACCOUNT Land ACCOUNT NO. Balance Date Item Debit Credit Debt Credit 2006 Jan Feb. 10 Purchased for cash Nov. 20 Purchased with long-term 1 Balance 160,000 450,000 290,000 mortgage note 200,000 650,000
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Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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