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Prepare the property, plant, and equipment section

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Question - Lowell Company's December 31, 2020, trial balance includes the following accounts: Inventory $120,000, Buildings $207,000, Accumulated Depreciation-Equipment $19,000, Equipment $190,000, Land (held for investment) $46,000, Accumulated Depreciation-Buildings $45,000, Land $71,000, and Timberland $70,000. Prepare the property, plant, and equipment section of the balance sheet.

Reference no: EM133119509

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