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Required information [ The following information applies to the questions displayed below. ] The general ledger of Jackrabbit Rentals at January 1 , 2 0

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[The following information applies to the questions displayed below.]
The general ledger of Jackrabbit Rentals at January 1,2024, includes the following account balances:
\table[[Accounts,Debits,Credits],[Cash,$56,500,],[Accounts Receivable,40,700,],[Land,125,800,],[Accounts Payable,,$16,800
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