The liabilities of Cullumber Company are $ 9 5 , 0 0 0 . Owner s capital
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The liabilities of Cullumber Company are $ Owners capital is $; drawings are $; revenues, $; and expenses, $ What is the amount of Cullumber Companys total assets?
Total assets
$enter the total assets amount in dollars
b The total assets of Sierra Company are $ Owners capital is $; drawings are $; revenues, $; and expenses, $ What is the amount of the companys total liabilities?
Total liabilities
$enter the total liabilities amount in dollars
c The total assets of Birch Co are $ and its liabilities are equal to twothirds of its total assets. What is the amount of Birch Cos owners equity?
Owners equity
$enter the owners equity amount in dollars
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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