Question: Click Submit to complete this assessment Question 18 5.556 points The balance sheet of jones Co showed total assets of 3.200,000, abilities of 51.900.000 and

Click Submit to complete this assessment Question 18 5.556 points The

Click Submit to complete this assessment Question 18 5.556 points The balance sheet of jones Co showed total assets of 3.200,000, abilities of 51.900.000 and equity of 1,500,000. An appraiser estimated the market value of the businesses at $2,700,000 of Smith Co. agrees to pay $1,150,000 cash to Jones owners and to assume the abilities of the company, what amount of wil Will Smith record! $ 50.000 31850,000 5.550.000 51350,000 aick Submit to come Save and Sub

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