Question: Refer to Kelloggs balance sheet reproduced in the chapter. Required In which of the assets would you expect Kelloggs land to be included? What does

Refer to Kellogg’s balance sheet reproduced in the chapter.
Required
In which of the assets would you expect Kellogg’s land to be included? What does this amount represent (i.e., cost, market value)? Why does Kellogg’s carry its land at one or the other values?

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