Answered: Boehms, Inc has cash of $36,000,…

Boehms, Inc has cash of $36,000, supplies costing $1,500, and stockholder's equity of $28,000. Determine the liabilities of the business. Write the accounting equation for Boehms, Inc.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter1: Asset, Liability, Owner’s Equity, Revenue, And Expense Accounts

Section: Chapter Questions

Problem 2E: Determine the following amounts: a. The amount of the liabilities of a business that has 60,800 in...

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Get correct answer accounting

Boehms, Inc has cash of $36,000, supplies costing $1,500, and
stockholder's equity of $28,000.
Determine the liabilities of the business. Write the accounting
equation for Boehms, Inc.

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