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ACCT 3332 Final Exam 2022 with complete solution
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ACCT 3332 Final Exam 2022 with complete solution P. Chang & Co. exchanged land and $9,000 cash for equipment. The book value and the fair value of the land were $106,000 and $90,000, respectively. Chang would record equipment at and record a gain/(loss) of: Equipment Gain (loss) $99,000 $(16...
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