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2. Considering the right side of the balance sheet for each of two firms below, which of the two looks like a commercial bank?
2. Considering the right side of the balance sheet for each of two firms below, which of the two looks like a commercial bank? Explain why. Liabilities and Equity Thing #1 Current Liab. 31,100 Thing #2 8,725 LTD and Other Liab 48,000 825 Total Liab 79,100 9,550 Equity 67,500 1,150
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
