The balance sheet of the Chesapeake Company contained the following accounts and balances Cash $780 Notes Payable $480 Equity $630 Land Based on the above information only, the amount or balance for Land must be A $630 B $1,890 C $1,110 D $330 ...

D 330 The value of land can be computed with the help of accounting equation Cash and Land are the a ...

The balance sheet of the Chesapeake Company contained the following accounts and balances: Cash $780 Notes Payable

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The balance sheet of the Chesapeake Company contained the following accounts and balances:

Cash	$780	Notes Payable	$480
Equity	$630	Land	?

Based on the above information only, the amount or balance for Land must be

A. $630

B. $1,890

C. $1,110

D. $330

Related Book For answer-question

Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: Oct 10, 2018 02:45 AM

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The balance sheet of the Chesapeake Company contained the following accounts and balances: Cash $780 Notes Payable

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D 330 The value of land can be computed with the help of accounting equation Cash and Land are the a... View the full answer

Financial ACCT2

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