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Belmont Corp.'s liabilities are $90,200. The common stock account is $158,000, dividends are $74,200, revenues are $380,500, and expenses are $280,000. What is the amount of Belmont Corp.'s total assets?

Belmont Corp.'s liabilities are $90,200. The common stock account is $158,000, dividends are $74,200, revenues are $380,500, and expenses are $280,000. What is the amount of Belmont Corp.'s total assets?

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...
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I need help with this financial accounting question using standard accounting techniques.

Belmont Corp.'s liabilities are $90,200. The common stock account is $158,000, dividends are $74,200, revenues are $380,500, and expenses are $280,000. What is the amount of Belmont Corp.'s total assets?
Transcribed Image Text:Belmont Corp.'s liabilities are $90,200. The common stock account is $158,000, dividends are $74,200, revenues are $380,500, and expenses are $280,000. What is the amount of Belmont Corp.'s total assets?
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