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The December 31, 2021, balance sheet of Chen, Incorporated,showed long-term debt of $1,400,000, $140,000 in the common stockaccount, and $2,650,000 in the additional paid-in surplus
The December 31, 2021, balance sheet of Chen, Incorporated,showed long-term debt of $1,400,000, $140,000 in the common stockaccount, and $2,650,000 in the additional paid-in surplus account.The Dec 2 answers
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