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At the end of the first month operations for Alonso deliver service, the business had the following accounts: accounts receivable $11,350; prepaid insurance $400; equipment
At the end of the first month operations for Alonso deliver service, the business had the following accounts: accounts receivable $11,350; prepaid insurance $400; equipment $26,200 and cash $21,650. On the same date, alm owed the following creditors: Simpson supply company $17,000; Allen office equipment $14,500. The total amount of liabilities is
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