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Business
Accounting
T-Account Postings Amounts: Input Totals ($) Debits Total: 751,000 Credits Total: 751,000 Assets Total: 699,400 Liabilities Total: 595,900 Stock/Equity: 60,000 Revenue: 56,000 Expense: 17,300 Net Income Before Tax: Income Tax 20%: Net Income:

T-Account Postings Amounts: Input Totals ($) Debits Total: 751,000 Credits Total: 751,000 Assets Total: 699,400 Liabilities Total: 595,900 Stock/Equity: 60,000 Revenue: 56,000 Expense: 17,300 Net Income Before Tax: Income Tax 20%: Net Income:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hi, I need help solving for the missing values, highlighted in yellow. Thank you; your help is appreciated.
T-Account Postings Amounts: Input Totals ($) Debits Total: 751,000 Credits Total: 751,000 Assets Total: 699,400 Liabilities Total: 595,900 Stock/Equity: 60,000 Revenue: 56,000 Expense: 17,300 Net Income Before Tax: Income Tax 20%: Net Income:
Transcribed Image Text:T-Account Postings Amounts: Input Totals ($) Debits Total: 751,000 Credits Total: 751,000 Assets Total: 699,400 Liabilities Total: 595,900 Stock/Equity: 60,000 Revenue: 56,000 Expense: 17,300 Net Income Before Tax: Income Tax 20%: Net Income:
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