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Question 8 5.5 pts The following information was taken from the accounting records of Jt3-Tz7 Company for the year ended December 31, 2026: Salaries payable
Question 8 5.5 pts The following information was taken from the accounting records of Jt3-Tz7 Company for the year ended December 31, 2026: Salaries payable Inventory Dividends Cash Accounts payable Patent Common stock Accumulated depreciation Supplies .... Retained earnings Land Accounts receivable Equipment $34,000 ? $11,000 $18,000 $25,000 $15,000 $67,000 $19,000 $10,000 $31,000 (at January 1, 2026) ? $37,000 $54,000 Additional information: a. Total current assets at December 31, 2026 were equal to $138,000. b. During 2026, Jt3-Tz7 Company reported a net income of $67,000. Calculate the balance in the land account at December 31, 2026
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