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Question #4 25 points. High Tower Corporation has provided you the following information pertaining to account balances as of December 31, 2020 after their
Question #4 25 points. High Tower Corporation has provided you the following information pertaining to account balances as of December 31, 2020 after their first year in business: Equipment 145,000 Interest Expense 3,900 Interest Payable 1,600 Retained Earnings 0 Dividends 50,400 Land 125,000 Accounts Receivable 92,000 Bonds Payable (due July 2027) 60,000 Notes Payable (due in 6 months) 15,000 Common Stock 60,000
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