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4) a. ABC Company: Assets: 250,000 Liabilities: 115,000 Stockholders' Equity: b. XYZ Company: Assets: ? Liabilities: 200,000 Beg RE: 75,000, NI: 10,000, DIV: 5,000, CS:
4) a. ABC Company: Assets: 250,000 Liabilities: 115,000 Stockholders' Equity: b. XYZ Company: Assets: ? Liabilities: 200,000 Beg RE: 75,000, NI: 10,000, DIV: 5,000, CS: 15,000 5) If assets decreased by $11,000 and liabilities increased by $3,000 how much did stockholders' equity decrease to keep the accounting equation in balance Step by Step Solution
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Financial Accounting For Decision Makers
Authors: Peter Atrill
8th Edition
1292099046, 978-1292099040
