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the table blank.) Now, record the journal entry to write down the asset on December 31, 2022. Next, determine how ALR should report the asset
the table blank.) Now, record the journal entry to write down the asset on December 31, 2022. Next, determine how ALR should report the asset on its December 31,2022 balance sheet. ALR will report the land at in of the balance sheet, on December 31, 2022, if material in amount. remaining cells in the table blank.) Finally, determine how ALR should report the asset on its December 31, 2023 balance sheet. ALR will report the land at in of the balance sheet, on December 31, 2023, if material in amount
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