Balance Sheet Evaluation: Asset Amount Cash $500,000 Accounts Receivable $400,000 Inventory $700,000 Liability Amount Accounts Payable $300,000
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Question:
Balance Sheet Evaluation:
| Asset | Amount |
|---|---|
| Cash | $500,000 |
| Accounts Receivable | $400,000 |
| Inventory | $700,000 |
| Liability | Amount |
|---|---|
| Accounts Payable | $300,000 |
| Loans Payable | $600,000 |
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