Question
a trial balance contains the following accounts: -cash: $130,000 -investments: $750,000 -accrued expenses: $45,000 -loan payable: $150,000 -prepaid expenses: $25,000 what is the total equity
a trial balance contains the following accounts:
-cash: $130,000
-investments: $750,000
-accrued expenses: $45,000
-loan payable: $150,000
-prepaid expenses: $25,000
what is the total equity value?
show step by step please. need help soon.
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Financial Accounting And Reporting A Global Perspective
Authors: Herve Stolowy, Yuan Ding, Luc Paugam
6th Edition
147376730X, 9781473767300
