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ollowing are the ending balances of acc Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated

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ollowing are the ending balances of acc Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals $7 Additional Information: 1. The $120,000 balance in the land account c The remaining $20,000 represents the cost 2. The $44,000 balance in the investment in e corporation. Valley intends to sell one-half o 3. The notes payable account consists of a $10 ro ollowing are the ending balances of acc Account Title Cash Accounts receivable Inventory Interest payable Investment in equity securities Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Copyright (net) Prepaid expenses (next 12 months) Accounts payable Deferred revenue (next 12 months) Notes payable Allowance for uncollectible accounts Common stock Retained earnings Totals $7 Additional Information: 1. The $120,000 balance in the land account c The remaining $20,000 represents the cost 2. The $44,000 balance in the investment in e corporation. Valley intends to sell one-half o 3. The notes payable account consists of a $10 ro

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