Eve Myles Travel Agency purchased land for $90,000 cash on December 1, 2012. On December...
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Accounting
Eve Myles Travel Agency purchased land for $90,000 cash on December 1, 2012. On December 31, 2012, the land's value had increased to $95,000. What amount should be reported for land on Eve's balance sheet on December 31, 2012?
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