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A company had the following account balances at year-end: - Common stock: $6,200 - Supplies: $6,000 - Salaries payable: $5,500 - Inventory: $12,400 - Note
A company had the following account balances at year-end: - Common stock: $6,200 - Supplies: $6,000 - Salaries payable: $5,500 - Inventory: $12,400 - Note payable due in 5 years: $13,400 - Land: $24,400 - Buildings: $33,300 - Accounts payable: $11,100 - Cash: $10,400 Use the information above to answer the following questions
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