Refer to the data in PE 2-1. Compute total owners equity. Data from PE 2-1 Wages payable

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Refer to the data in PE 2-1. Compute total owners’ equity.

Data from PE 2-1

Wages payable . Accounts receivable Retained earnings $ 900 3,000 5,400 4,500 Equipment ... Accounts payable Capital sto

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 03:14 AM

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Refer to the data in PE 2-1. Compute total owners equity. Data from PE 2-1 Wages payable

Question:

Wages payable . Accounts receivable Retained earnings $ 900 3,000 5,400 4,500 Equipment ... Accounts payable Capital stock. Cash .... Loan payable $15,000 2,800 Inventory 1,400 13,000

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