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3 pts On January 31 of the current year, the assets and liabilities of Rico's Beef Stand, Inc, are as follows: Cash $29,550; Supplies, $780;

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3 pts On January 31 of the current year, the assets and liabilities of Rico's Beef Stand, Inc, are as follows: Cash \$29,550; Supplies, \$780; Equipment, \$9,600: Accounts Payable, $8,300. What is the amount of equity as of January 31 of the current year? $10,870 $31,630 $30,070 $30,850 $12.430 Question 36 Which of the following does NOT require an adjusting entry at year-end? Accrued wages Accrued interest on notes payable Supplies used during the period Cash invested by stockholders Expired portion of prepaid insurance

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