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Help Sentaro Company owns land that it purchased at a cost of 700,000 in 2019. The company chooses to use revaluation accounting to account for
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Sentaro Company owns land that it purchased at a cost of 700,000 in 2019. The company chooses to use revaluation accounting to account for the land. The L changes as follows (all amounts as of December 31) 2019,1785.000 2020, 640,000 2021, E680,000 Instructions Prepare the journal entries to record the revaluation of the land in cach year. For the toolbar, press ALT F10 (PC) or ALTEN.F10 (Mac) Paragraph Arial 10pt EEA 21. X Q o IEEE TE MacBook Air SID 888 2 FO Step by Step Solution
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