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QUESTION 25 Refer to the following adjusted trial balance. Woods Company Adjusted Trial Balance For the Year Ended December 31, 2019 Cash $45,000 50,000 96,000

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QUESTION 25 Refer to the following adjusted trial balance. Woods Company Adjusted Trial Balance For the Year Ended December 31, 2019 Cash $45,000 50,000 96,000 100,000 Accounts receivable Inventory Equipment Accumulated depreciation, equipment Accounts payable Common Stock Retained Earnings $20,000 56.000 181.000 20.000 96,000 100,000 Inventory Equipment Accumulated depreciation, equipment Accounts payable $20,000 56,000 Common Stock 181,000 Retained Earnings 20,000 Dividends 36,000 Net Sales revenue 400,000 260,000 Cost of goods sold Administrative expenses 42,000 Selling expenses 38,000 Interest expense 10,000 Total $732,000 $732,000 What is the book value of Equipment? $100.000 $80,000 Remaining Time: 45 minutes, 27 seconds. Question Completion Status: 20,000 Retained Earnings Dividends 36,000 Net Sales revenue 400,000 260,000 Cost of goods sold Administrative expenses Selling expenses 42,000 38,000 Interest expense 10,000 Total $732,000 $732.000 What is the book value of Equipment? $100,000 580,000 $120.000 $20,000 Click Save and Submit to be and submit Solvers to save answers o

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