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 Debit Debit Credit Date Item Credit Balance Purchased for cash 156,000 402,000 Jan. Feb. Nov. 10 246,000 Purchased with long-term 20 mortgage note 324,000 726,000
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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