Lasting Enterprises has $82,000 in cash, $30,000 in inventory, $37,000 balance due to creditors, and $11,000 balance
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Lasting Enterprises has $82,000 in cash, $30,000 in inventory, $37,000 balance due to creditors, and $11,000 balance due from customers. What is the amount of owners’ equity?
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Amount of Owners Equity Assets Cash 82000 Accounts receivable 1...View the full answer
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Related Book For
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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