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An enterprises assets at the end of the month equal $1,000,000. while its owners equity equals $600,000. Therefore, its ____________ equals $_____________ on a balance
An enterprises assets at the end of the month equal $1,000,000. while its owners equity equals $600,000. Therefore, its ____________ equals $_____________ on a balance sheet.
a. revenues: $400,000. b. expenses: $400,000 c. liabilities: $1,600,000 d. liabilities: $400,000
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