Blankenship Company has $87,000 in total assets, $32,500 in total liabilities, and a $16,200 credit balance...

 

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Blankenship Company has $87,000 in total assets, $32,500 in total liabilities, and a $16,200 credit balance in retained earnings. What is the balance in the contributed capital accounts? Blankenship Company has $87,000 in total assets, $32,500 in total liabilities, and a $16,200 credit balance in retained earnings. What is the balance in the contributed capital accounts?

Answer rating: 100% (QA)

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