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On January 1, Year 2, the following information was drawn from the accounting records of Carter Company: cash of $600; land of $3,000; notes payable
On January 1, Year 2, the following information was drawn from the accounting records of Carter Company: cash of $600; land of $3,000; notes payable of $900; and common stock of $1,620. Renuired acquired from creditors, inves c. d. Percent of assets acquired from creditors Percent of assets acquired from investors Percent of assets acquired from retained earnings e. % % Reg A and Assets + CARTER COMPANY Accounting Equation as of January 1, Year 2 Liabilities Stockholders' Equity Common Retained Land = Notes Payable + Stock Earnings % + % + % Cash +
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