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Indicate where each of the following assets or liabilities would be located on a Balance Sheet 60 acres of farmland valued at $200,000 a 20-year

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Indicate where each of the following assets or liabilities would be located on a Balance Sheet 60 acres of farmland valued at $200,000 a 20-year loan on this land for $100,000. It is payable in equal annual principal payments of A. non-current liability $5,000 each plus interest at 6%, which has been accruing since the last payment was made B.current asset on November 1 C.non-current asset $2,000 invested in fertilizer applied in D. current liability November $75,000 debt still own on a loan made to construct a new barn 5 years ago

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