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Below are the accounts for Healthy Hospital on December 31, 2018 (note that all are shown as positive numbers but could be assets or liabilities
Below are the accounts for Healthy Hospital on December 31, 2018 (note that all are shown as positive numbers but could be assets or liabilities and are not in any order). Given the following balances, what is the net assets balance? Cash 900 Prepaid rent 250 Accounts payable 200 Inventory 700 Note payable 150 Prepaid expenses 500 Accrued salary 330 Deferred revenue
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To find the net assets balance you can sum the assets and subtract the liabilities Given balances C...
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