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Jackson Company had the following accounts and balances Account Balance Accounts payable $36,000 Accounts receivable 6,000 Buildings 42,000 Cash 18,000 Equipment 42,000 Land ? Deferred
Jackson Company had the following accounts and balances Account Balance Accounts payable $36,000 Accounts receivable 6,000 Buildings 42,000 Cash 18,000 Equipment 42,000 Land ? Deferred service revenue 12,000 Total stockholders' equity ? If total stockholders' equity was $114,000, what would be the balance of the Land account? $162,000 $54,000 $174.000 $42,000 Jackson Company had the following accounts and balances Account Balance Accounts payable $36,000 Accounts receivable 6,000 Buildings 42,000 Cash 18,000 Equipment 42,000 Land ? Deferred service revenue 12,000 Total stockholders' equity If the balance in the Land account was $90,000 and the equipment was sold for $42,000 cash, what would be the total stockholders' equity? $138,000 $78,000 $150,000 $104,000 Which of the following is not an enhancing characteristic that makes financial information useful? comparable relevant timely verifiable
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