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A claim against the customer is called a(n) _____ If stockholders' equity is $46.000 and liabilities are $34.000, the amount of assets is _____ If

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A claim against the customer is called a(n) _____ If stockholders' equity is $46.000 and liabilities are $34.000, the amount of assets is _____ If assets are $98,000 and liabilities are $32, 500, the amount of stockholders' equity is _____ The amounts used in the process of earning revenue are _____ A summary of the revenue and expenses for a specific period of time, such as a month or a year, is called a(n) _____ If operations for an accounting period resulted in cash sales of $90.000, sales on account of $40,000, and expenses paid in cash of $135,000, the net income or (net loss) for the period is _____ A list of the assets, liabilities, and stockholders' equity as of a specific date, usually at the close of the last day of a month or a year, is called a(n) _____ If total assets increased by $21, 500 and stockholders' equity increased by $8,000 during a period, the amount and direction (increase or decrease) of the period's change in total liabilities was _____ A summary of the cash receipts and cash payments for a specific period of time, such as a month or a year, is called a(n) _____ The stockholders' equity at the beginning of the period was $46,000, at the end of the period, assets were $99,000 and-liabilities were $22,000. If $10,000 of additional capital stock was issued and dividends of $8,000 were paid during the period, the net income or (net loss) for the period is _____ The retained earnings at the end of the year reported on the retained earnings statement is also reported on the _____

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