=+The following additional information was taken from the records: a. Equipment and land were acquired for cash.

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=+The following additional information was taken from the records:

a. Equipment and land were acquired for cash.

b. There were no disposals of equipment during the year.

c. The investments were sold for $88,000 cash.

d. The common stock was issued for cash.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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