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22. Mirah Company compiled the following financial information as of December Revenues $340,000 Owner's Capital (1/1/16) 140,000 Equipment 80,000 Expenses 240,000 Cash 90,000 20,000 Owner's

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22. Mirah Company compiled the following financial information as of December Revenues $340,000 Owner's Capital (1/1/16) 140,000 Equipment 80,000 Expenses 240,000 Cash 90,000 20,000 Owner's Drawings Supplies 20,000 Accounts payable 40,000 Accounts receivable 70,000 Mirah's assets on December 31, 2016 are a. $190,000 b. $260,000 c. $360,000. d $480,000 23. Mirah Company compiled the following financial information as of December 31, 2016: Revenues $340,000 140,000 Owner's Capital (1/1/16) Equipment 80.000 Expenses 240.000 Cash 90,000 Owner's Drawings 20,000 Supplies 20,000 Accounts payable 40,000 Accounts receivable 70,000 Mirah's owner's equity on December 31, 2016 is a. $100,000 b. $140,000 c. $220,000. d. $260,000 24. A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c incorrect account titles are used in journalizing. d. a journal entry is only partially posted

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