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Business, 19.11.2019 00:31 sarrivera579

When preparing a draft of its year 6 balance sheet, mont, inc., reported assets totaling $875,000. included in the determination of this amount were the following: treasury stock of mont, at cost, which approximates fair value on december 31$24,000idle machinery11,200cash surrender value of life insurance on corporate executives13,700allowance for uncollectible accounts8,400at which amount should mont's total assets be reported in the december 31, year 6, balance sheet? a. $842,600b. $851,000c. $850,100d. $841,700

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When preparing a draft of its year 6 balance sheet, mont, inc., reported assets totaling $875,000. i...
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