Smith Media Corporation had tho following income statoment and balance sheet for 2024 : (Click...
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Smith Media Corporation had tho following income statoment and balance sheet for 2024 : (Click the loon to view the income'statement) (Click the icon to view the balance sheet) Road the requirements: Requirement 1. Compute the acquistion of plant assets for Smith Meda Corporation during 2024. The business sold no plant assets during the year. Assume the company paid cash for the acquisition of plant assets. The acquistion of equipment is Requirement 2 Compute the payment of a long-tem note payable. During the year, the business issued a $5.300 note payable. The payment of a long-term note payable is Data table Data table Data table
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