Company's December 31, 2020, trial balance are the following accounts: $5.200, Held-for-Collection Securities in five...
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Company's December 31, 2020, trial balance are the following accounts: $5.200, Held-for-Collection Securities in five years $56,000, Unearned Service Revenue $17,000, Land Held for Investment $39,000, and Notes Receivable (long-term) $42,000, Pension fund $20,000. Required: Prepare the long-term investments section of the statement of financial position.
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