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Provide all necessary journal entries for 2012 through 2020.

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Question

Grandpas Are Us (GAU) recently acquired a new piece of land in Burton County on April 1, 2012.;The land cost $500,000. GAU reports under IFRS and revalues its land. On December 31, 2017;the fair value of the land is $450,000. On December 31, 2020, the fair value of the land is;$520,000.;? Provide all necessary journal entries for 2012 through 2020.

 

Paper#20828 | Written in 18-Jul-2015

Price : $22
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