Account balances for Mikes Tyre Repair (company) are: long-term loan, $250; accounts receivable, $640; inventory of supplies,
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Account balances for Mike’s Tyre Repair (company) are: long-term loan, $250; accounts receivable, $640; inventory of supplies, $210; equipment cost, $890; accumulated depreciation on equipment, $470; accounts payable, $360; share capital, $660. Calculate total assets, total liabilities and shareholders’ equity
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Related Book For
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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