At the end of the first month of SloMo Delivery Service operations, the company had the following
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Question:
At the end of the first month of SloMo Delivery Service operations, the company had the following accounts: Accounts Receivable $1,130, Prepaid Insurance $430, Equipment $35,500, and Cash $40,300. On the same date, SloMo owed the following creditors: Simpson Supply Company, $11,300; Allen office equipment, 9,150
Calculate the total assets of the SloMo delivery service.
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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