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Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $26,500 12,200 20,500 30,000 10,000 17,500 26,300 23,600

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Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $26,500 12,200 20,500 30,000 10,000 17,500 26,300 23,600

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