Question
At December 31, Year 1, the accounting records of Braun Corporation contain the following items: Accounts Payable $ 19,500 Accounts Receivable $ 47,000 Land $
At December 31, Year 1, the accounting records of Braun Corporation contain the following items:
Accounts Payable $ 19,500 Accounts Receivable $ 47,000
Land $ 247,000 Cash ?
Capital Stock ? Equipment $ 127,000
Building $ 187,000 Notes Payable $ 197,000
Retained Earnings $ 167,000
If Cash at December 31, Year 1, is $33,000, total owners' equity is:
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Statistical Sampling And Risk Analysis In Auditing
Authors: Peter Jones
1st Edition
1138263214, 978-1138263215
