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Please solve according to given question Q3. (20) Shown below in random order is a list of balance sheet items for Red River Farms at
Please solve according to given question
Q3. (20) Shown below in random order is a list of balance sheet items for Red River Farms at September 30,2001. Land $550,000 Fences and Gates (Assets) $33,570 Building $78,300 Irrigation System (Assets) $20,125 Notes payable $530,000 Cash $16,710 Accounts Receivable 22,365 Livestock (Asset) $120,780 Tractor (Asset) 76,650 Farm Machinery $42,970 Accounts Payable $77,095 Hollis Roberts Capital ? Property Taxes Payable $9,135 Wages Payable $1,820 Instructions: Prepare a balance sheet by using these items and computing the amount for Hollis Roberts CapitalStep by Step Solution
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