Question
(b) The total assets of Sierra Company are $64,000. Owner's capital is $22,000; drawings are $5,400; revenues, $48,000; and expenses, $41,000. What is the amount
(b)The total assets of Sierra Company are $64,000. Owner's capital is $22,000; drawings are $5,400; revenues, $48,000; and expenses, $41,000. What is the amount of the company's total liabilities?
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
