5.5 LO5 B. Quick opens his business with the following assets and liabilities: Premises $500,000; Equipment $150,000;
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5.5 LO5 B. Quick opens his business with the following assets and liabilities: Premises $500,000; Equipment
$150,000; Fixtures $50,000; Inventory $100,000; Cash $45,000; Receivables—J. McCool $10,000, P. Gover $8,000; Payables—A. Hardy $20,000.
Journalise the opening entry.
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Related Book For 
Accounting For Business Students
ISBN: 9781488616570
1st Edition
Authors: Peter Atrill, Eddie Mclaney, David Harvey
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