3 years ago

At December 31, 2022, Pronghorn Corporation reported the following plant assets.

Business

1 answer:

Vesnalui [34]3 years ago

7 0

Answer and Explanation:

The preparation of the plant assets is shown below:-

Plant Assets

Partial Balance Sheet

December 31, 2013

Land $4,897,200

Buildings $26,630,000

Less : Accumulated Depreciation $13,904,550 $12,725,450

Equipment $46,406,800

Less : Accumulated Depreciation $9,182,250 $37,224,550

Total Plant Assets $54,847,200

Note:- Here, Building Details for 2023 are not provided, it will be included in the accumulated depreciation above if available

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In the attachment, note that:

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