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29-09-2022
Business

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Jaez corporation is in the process of going through a reorganization. As of december 31, 2020, the company’s accountant has determined the following information although the company is still several months away from emerging from the bankruptcy proceeding. Book value fair value assets cash $ 23,000 $ 23,000 inventory 45,000 47,000 land 140,000 210,000 buildings 220,000 260,000 equipment 154,000 157,000

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