Question
Metlock Tractor Company's December 31, 2025, trial balance includes the following accounts: Inventory, $26.000, Goodwill, $1,000; Buildings, $49,000; Accumulated Depreciation Equipment. $3,375; Equipment, $7,500,
Metlock Tractor Company's December 31, 2025, trial balance includes the following accounts: Inventory, $26.000, Goodwill, $1,000; Buildings, $49,000; Accumulated Depreciation Equipment. $3,375; Equipment, $7,500, Land, $75,000; Accumulated Depreciation-Buildings, $22,050; and Equipment on order (delivery expected in 21 days), $84,300. Prepare the property, plant, and equipment section of the balance sheet. (List Property, plant, and equipment in order of land, buildings, and equipment)
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
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