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Business, 12.03.2020 05:17 sayedaly2096

Additional information: 1. Operating expenses include depreciation expense of $32,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $68,000 were declared and paid in 2022. 4. Equipment with a cost of $132,800 was purchased for cash. Equipment with a cost of $40,800 and a book value of $28,800 was sold for $27,200 cash. 5. Bonds of $40,000 were redeemed at their face value for cash. 6. Common stock ($1 par) of $136,000 was issued for cash.

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Additional information: 1. Operating expenses include depreciation expense of $32,000. 2. Land was s...
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