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Assume a company with the following balance sheet accounts: Account Amount Cash $ 10 000 Fixed assets 60 000 70 000 Long-term loans 30 000

Assume a company with the following balance sheet accounts: Account Amount Cash $ 10 000 Fixed assets 60 000 70 000 Long-term loans 30 000 M. Johnson, Proprietor 40 000 $ 70 000 You are conce...

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