how did twin pines farm do this year compared to other similar farms? using the...

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Accounting

how did twin pines farm do this year compared to other similar farms? using the information from financial statements in the last two pictures. image
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Balance Sheet Income Statement revenue) Cash farm expenses Interest paid (or interest expense) Accrual adjustments Depreciation Total farm expenses (accrual) $134,000 16,000 43,230 20,000 $213,230 Net farm income $30,770 Inventories and Resources Name: Twin Pines Farm Year End: 2021

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