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tivo tivo
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Posts: 1776
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7 years ago
Kramer and Associates has the following account balances listed in alphabetical order: Accumulated Depreciation, $23,000; Accounts Payable, $8,500, Accounts Receivable, $12,000; Cash, $3,500; Equipment, $44,000, Land, $21,000, Mortgage Payable, $45,000; Prepaid Insurance, $7,500; Supplies, $2,000; Unearned Revenue, $6,000; Wages payable, $4,500. Kramer and Associates' long-term assets are:
A) $90,000.
B) $25,000.
C) $42,000.
D) $65,000.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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7 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
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