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On June 1, Lusail Company purchase land and equipment for QR 700,000 cash. The appraised value of the land is QR 600,000 and the equipment

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On June 1, Lusail Company purchase land and equipment for QR 700,000 cash. The appraised value of the land is QR 600,000 and the equipment is appraised at OR 200,000. So, the equipment will be recorded in with the following amount: A. 150,000 B. 175,000 of O C.350,000 HE D. 200,000 BOG

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