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Question 5 2 points SAM Kellogs company is considering the purchase...

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Question 5 2 points SAM Kellogs company is considering the purchase of land that was offered for sale to kellogs at $130,000. The market value of the land is 590,000. However, the company purchased the land for $87,000. As an accountant of Kellogs, at what value will you record the land? Which OAAP concept will you follow in recording the asset? Arial 3 (12pt) T. 25 Words: Activate Windows Path: P Questions of

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