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Question 28 4.75 pts On 1/1, the CIF Farm bought equipment by paying $7.000 cash. They also incurred a freight and taxes of $296 to

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Question 28 4.75 pts On 1/1, the CIF Farm bought equipment by paying $7.000 cash. They also incurred a freight and taxes of $296 to get the equipment to their farm. The market value of this equipment is $12,000. What amount should be recorded in the equipment account on 1/12 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc.. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Question 29 4.75 pts The accounts receivable account has a debit halance of $214,000 and the allowance for uncollectible accounts has a credit balance of $8,000. What is the net accounts receivable (net realizable value)" that will be shown on the balance sheet? Fit in the blank with your calculated number. DO NOT include commas. S signs, period. decimal points, etc. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24.123, you would only input: 24123

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