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Plz . answer all of em !! Company Y purchased property for $250,000. The property included a building, land, and equipment. The building was appraised
Plz . answer all of em !!
Company Y purchased property for $250,000. The property included a building, land, and equipment. The building was appraised at $150,000; the land at 80,000, and the equipment at $70,000. The value of the building that will be included in the accounting record is: 0366.667 $83,333 $250,000 Marcus Co., had an ending balance in their retained earnings account of $2,513, additional paid in capital of $5,542, treasury stock of $3,966, and common stock of $4.902. The total amount of stockholders' equity is: Enter answer as a whole number (no decimals) and without a dollar sign le, 4.250) Which of the following terms represents the shares currently held by shareholders and is the value used to determine dividends? Authorized Outstanding Treasury Issued Which of the following regarding depreciation is correct? O All companies record depreciation using the declining balance method All companies must use straight-line depreciation Companies may choose one of a select few methods, including straight-line or declining balance Companies don't have to record depreciation if they don't want to Step by Step Solution
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