2. The following normal balances appear on the adjusted trial balance of Parks National Company: The carrying

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2. The following normal balances appear on the adjusted trial balance of Parks National Company:

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The carrying amount of the equipment is

a. $120,000.

b. $127,500.

c. $142,500.

d. $150,000.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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