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Entry field with incorrect answer Accumulated depreciation — equipment Buildings Cash Interest payable Goodwill Income taxes payable Inventory Stock investments ( to be Land ( in use ) Mortgage payable Supplies Equipment Prepaid rent
Exercise 2-5
These items are taken from the financial statements of Donavan Co . at
December 31 , 2014 .
Buildings
$ 121,035
Accounts receivable
14,414
Prepaid insurance
3,661
Cash
13,545
Equipment
94,266
Land
70,013
Insurance expense
892
Depreciation
6,063
expense
Interest expense
2,974
Common stock
68,640
Retained earnings
45,760