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The following account balances are for the Agee Company as of January 1, 2024, and December 31, 2024. All amounts are denominated in kroner (Kr).
The following account balances are for the Agee Company as of January 1, 2024, and December 31, 2024. All amounts are denominated in kroner (Kr). Accounts payable Accounts receivable depreciation-buildings Accumulated Accumulated depreciation-equipment Bonds payable-due 2027 Buildings Cash Common stock 7 8 Depreciation expense Dividends (10/1/24) Equipment Gain on sale of building Rent expense Retained earnings Salary expense Sales Utilities expense ditional Information ary 1, 2024 1 1, 2024 1, 2024 ber 1, 2024 mber 31, 2024 age for 2024 January 1, 2024 (6,000) 37,000 (28,000) $ 2.80 2.60 2.90 3.00 3.20 3.30 3.40 3.10 0 (58,000) 117,000 43,000 (67,000) 0 0 0 0 0 Agee issued additional shares of common stock during the year on April 1, 2024. Common stock on January 1, 202 he start of operations in 2017. Agee purchased buildings in 2018 and sold one building with a book value of Kr 8,300 on July 1 of the current yea quipment was acquired on April 1, 2024. want exchange rates for 1 Kr were as follows: (38,000) December 31, 2024 (18,500) 87,000 (33,000) (5,800) (58,000) 96,500 8,800 (77,000) 23,000 40,000 38,000 (6,800) 18,800 (38,000) 28,000 (112,000) 9,000
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