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Brazil Ltd has receivables of $65,000, furniture totaling $205,000 and cash of $52,000. The business has a $109,000 bill payable and owes $81,000 on account.
Brazil Ltd has receivables of $65,000, furniture totaling $205,000 and cash of $52,000. The business has a $109,000 bill payable and owes $81,000 on account. How much is Brazil Ltd's equity?
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
