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Calculate the total owners' equity for the company: Cash: $ 10,750 Equipment: $47,000 Accounts payable: $26,899 Bank Loan: $ 18,500 Notes payable: 14,340 Account Receivable:
Calculate the total owners' equity for the company:
| Cash: $ 10,750 | Equipment: $47,000 |
| Accounts payable: $26,899 | Bank Loan: $ 18,500 |
| Notes payable: 14,340 | Account Receivable: $ 13,290 |
| Accrued Expenses; $10,865 | Notes receivable: $ 9,786 |
| Inventory: $ 15,345 | Accumulated Depreciation: $7,892 |
| Prepaid Insurance: $ 14,048 | Unearned revenue: $8,954 |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
