Question
1)The following are components of traditional balance sheet How much are the total assets of the firm?? Plant and equipment 42,200 Common Stock $15,000 Cash
1)The following are components of traditional balance sheet
How much are the total assets of the firm??
Plant and equipment
42,200
Common Stock
$15,000
Cash
$5,500
Inventory
$20,500
Bad Debt reserve
$6000
Accumulated depreciation
$28,600
Accounts receivable
22,000
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
