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Question
Presented below is information related to plant assets and intangible assets at year end on December 31, 2012, for Looper Company:
Buildings $1,080,000
Goodwill 320,000
Patents 480,000
Land 390,000
Accumulated Depreciation 650,000
instructions
prepare a partial balance sheet for looper company that shows how the above listed items would be presented.
Answer
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