Basic accounting equation (Learning Objective 5 ) 510 min. Boehms, Inc., has cash of $36,000, supplies costing

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Basic accounting equation (Learning Objective 5 ) 5–10 min.

Boehms, Inc., has cash of $36,000, supplies costing $1,500, and stockholders’ equity of $28,000. Determine the liabilities of the business. Write the accounting equation for Boehms, Inc.

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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