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The balance sheet of the Chesapeake Company contained the following accounts and balances: Cash $630 Notes Payable $330 Equity $480 Land ? Based on the

The balance sheet of the Chesapeake Company contained the following accounts and balances:

Cash $630 Notes Payable $330
Equity $480 Land ?

Based on the above information only, the amount or balance for Land must be

  • $480.

  • $180.

  • $810.

  • $1,440.

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