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Assuming the following account balances in Philpott Motors LLC General Ledger, what is the missing value? Assets ? Liabilities $110,500 Common Stock 60,000 Dividends 15,000
Assuming the following account balances in Philpott Motors LLC General Ledger, what is the missing value?
| Assets | ? |
| Liabilities | $110,500 |
| Common Stock | 60,000 |
| Dividends | 15,000 |
| Revenue | 785,000 |
| Expenses | 234,750 |
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
