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What amount of total long-term assets shown in balance sheet

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Question - The balances of select accounts of Stephanie Company as of December 31, 2016 are given below.

 

Debit

Credit

Building

$100,000

 

Cash

6,000

 

Office Supplies

1,200

 

Furniture

7,000

 

Prepaid Insurance

650

 

Accumulated Depreciation - Furniture

 

$3,000

Land

32,000

 

Accumulated Depreciation - Building

 

4,500

Accounts Receivable

3,000

 

What amount of total long-term assets would be shown on the balance sheet?

Reference no: EM132078306

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