The accounting equation is: Assets Liabilities + Stockholders' Equity. Toot- sie Roll's financial statements are provided in
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The accounting equation is: Assets Liabilities + Stockholders' Equity. Toot- sie Roll's financial statements are provided in Appendix A at the end of this book. Replacing words in the equation with dollar amounts, what is Tootsie Roll's accounting equation at December 31, 2001? The answer to this ques- tion is provided on page 51.
AppendixLO1
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Related Book For 
Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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