Below are the accounts of Grace Real Estate in alphabetical order: Accounts Payable $23,100 Accounts Receivable $17,200

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Below are the accounts of Grace Real Estate in alphabetical order:

Accounts Payable $23,100

Accounts Receivable $17,200

Capital $30,900

Cash $28,400

Expenses = $20,000

Furniture and Fittings $18,000

Land & Buildings $37,900

Revenue= $63,500

Salaries payable $4,000

Required:

Calculate total Equity

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College Accounting A Contemporary Approach

ISBN: 978-0073396958

2nd edition

Authors: David Haddock, John Price, Michael Farina

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Posted Date: Jun 12, 2023 01:14 AM

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Below are the accounts of Grace Real Estate in alphabetical order: Accounts Payable $23,100 Accounts Receivable $17,200

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To calculate the total equity for Grace Real Estate we need to sum up the capita... View the full answer

College Accounting A Contemporary Approach

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