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The following numbers are taken from the financial statements of South Company for the year ended Dec. 3 1 , 2 0 2 5 .
The following
numbers are taken from the financial statements of South Company for the year ended Dec.
During the audit, auditors detected the following transaction was not recorded:
Collected $ from Zip Company for services to be provided in the future.
Purchased a land for $ by issuing shares of common stock to the seller.
Constructed a building for HQ of company on the land for $ Paid $ cash to the contractor and
signed a year note for the remaining.
What would be the adjusted balances for the above items in the financial statements after
recording the above transaction.
Example of Answer: No space, comma, decimal point, or $ sign. Show a negative amount with a minus.
Example:
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