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A company has liabilities of $210,000. The opening balance in the owner's capital account is $60,000; in drawings $20,000; revenues $320,000; and expenses $255,000.
A company has liabilities of $210,000. The opening balance in the owner's capital account is $60,000; in drawings $20,000; revenues $320,000; and expenses $255,000. What are the company's total assets?
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Accounting Principles Part 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition
1118306783, 978-1118728918, 1118728912, 978-1118306789
