What is total asstst, Liabilities and owners equity?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is total asstst, Liabilities and owners equity?
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Transcribed Image Text:500,000
120,000
750,000
Long-term payable
Notes payable
Property, plant and equipment
Accounts receivable
Accounts payable
Accumulated depreciation
56,000
65,000
100,00
Cash
Owner's capital
Unearned income
77,000
7.
Notes receivable
Prepaid expense
Accrued expense
Inventory
Intangible assets
15,345
244,000
56,700
37,890
157,840
124,500
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