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1. If equity is $26845 and liabilities are $52506, then assets equal Answer: ?? 2. During the month of November, Duffee Company had cash receipts

1. If equity is $26845 and liabilities are $52506, then assets equal

Answer: ??

2. During the month of November, Duffee Company had cash receipts of $4215 and paid out $4961 for expenses. The November 30th cash balance was $7525. What was the cash balance on November 1?

Answer: ???

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