Young Software began with cash of $13,000. Young then bought supplies for $1,800 on account. Separately, Young

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Young Software began with cash of $13,000. Young then bought supplies for $1,800 on account. Separately, Young paid $4,000 for a computer. Answer these questions.
a. How much in total assets does Young have?
b. How much in liabilities does Young owe?

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Financial accounting

ISBN: 978-0136108863

8th Edition

Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas

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