=+c. Timber rights on a tract of land were purchased for $1,665,000 on February 16. The stand

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=+c. Timber rights on a tract of land were purchased for $1,665,000 on February 16. The stand of timber is estimated at 9,000,000 board feet. During the current year, 2,400,000 board feet of timber were cut and sold.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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