Question: Cash NGN 1 5 , 1 2 0 Notes payable NGN 2 0 , 1 6 0 Inventory 1 0 , 8 0 0 Common

Cash NGN 15,120 Notes payable NGN 20,160
Inventory 10,800 Common stock 20,160
Land 4,080 Retained earnings 10,080
Building 40,800
Accumulated depreciation (20,400)
NGN 50,400 NGN 50,400

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