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Overreach Solutions had assets of $620,300 and liabilities of $182,200 on Dec 31, 2022. In 2023: • • Assets decreased by $52,750 Liabilities increased by $13,400 What is Stockholders' Equity on Dec 31, 2023?

Overreach Solutions had assets of $620,300 and liabilities of $182,200 on Dec 31, 2022. In 2023: • • Assets decreased by $52,750 Liabilities increased by $13,400 What is Stockholders' Equity on Dec 31, 2023?

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 4SEQ: If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity...
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Overreach Solutions had assets of $620,300 and liabilities of $182,200 on Dec 31, 2022. In 2023: • • Assets decreased by $52,750 Liabilities increased by $13,400 What is Stockholders' Equity on Dec 31, 2023?
Transcribed Image Text:Overreach Solutions had assets of $620,300 and liabilities of $182,200 on Dec 31, 2022. In 2023: • • Assets decreased by $52,750 Liabilities increased by $13,400 What is Stockholders' Equity on Dec 31, 2023?
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