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BALACE SHEET PROBLEM: Woodrow Company has completed the accounting cycle for the second year of its operations ended Dec. 31,2018. Below find balances for all

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BALACE SHEET PROBLEM: Woodrow Company has completed the accounting cycle for the second year of its operations ended Dec. 31,2018. Below find balances for all of its balance sheet accounts in an alphabetical order. All accounts have usual normal balances in USD. Complete the classified balance sheet at the end of the reporting year and determine the following": Q47. What is the dollar amount of the total stockholder's equity? A $13.000 B. $12,000 C. $5,000 D. 511,000 Q48. Which of the following assets are not depreciated? A. Building B. Land C. Office Equipment D. Delivery Vans QUESTION 49 Q49. What assets should be amortized using the straight-line method? A. Intangible assets with definite life span. B. Intangible assets with indefinite life span. C. Natural resources. D. All of the above

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