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The December 31, 2017, adjusted trial balance of Odom Company includes the following accounts: Supplies$ 2,900 Land$ 85,000 Notes payable (due March 1, 2019) 28,000
The December 31, 2017, adjusted trial balance of Odom Company includes the following accounts:
Supplies$ 2,900 Land$ 85,000 Notes payable (due March 1, 2019) 28,000 Buildings 125,000 Accumulated depreciationequipment 25,800 Patents 12,300 Equipment 43,000 Goodwill 5,520 Accumulated depreciationbuilding 37,400 Merchandise inventory 14,000 Notes receivable (due April 1, 2018) 7,800
Determine which accounts are non-current assets and prepare the non-current assets section of the balance sheet as at December 31, 2017.
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