Question: Progress:8/10 items eBook Question Content Area Financial Statements Dust, Sweep, Repeat Services, Inc. began its operations on January 1, 20Y7. The following amounts were taken
Progress:8/10 items eBook Question Content Area Financial Statements Dust, Sweep, Repeat Services, Inc. began its operations on January 1, 20Y7. The following amounts were taken from the accounting records as of December 31, 20Y7. Cash $ 12,000 Common stock 15,000 Dividends 3,000 Fees earned 124,000 Interest expense 960 Land 43,000 Miscellaneous expense 2,040 Notes payable 16,000 Rent expense 14,000 Salaries expense 54,400 Taxes expense 8,600 Utilities expense 17,000 After its second year of operations, the following amounts were taken from the accounting records of Dust, Sweep, Repeat Services, Inc., as of December 31, 20Y8. Cash ? Common stock $55,000 Dividends 25,000 Fees earned 443,000 Interest expense 3,600 Land 170,000 Miscellaneous expense 6,900 Notes payable 60,000 Rent expense 50,000 Salaries expense 190,000 Taxes expense 32,500 Utilities expense 60,000 What is cashed paid for land
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