What is the net amount of the property plant and equipment, Ask an Expert

Accounting

Land (location of the corporation's office building) $150,000
Land (held for future use) 225,000
Corporate Office Building 900,000
Inventory 300,000
Equipment 675,000
Office Furniture 150,000
Accumulated Depreciation 450,000

What is the net amount of the property, plant and equipment on the balance sheet.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M971530

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