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Cash $ 50,000 Inventory 50,000 Equipment 50,000 Accumulated Depreciation $ 10,000 Accounts Payable 10,000 Accrued Salaries Payable 10,000 Sales Revenue 60,000 Interest Income 10,000 Gain
Cash
$ 50,000
Inventory
50,000
Equipment
50,000
Accumulated Depreciation
$ 10,000
Accounts Payable
10,000
Accrued Salaries Payable
10,000
Sales Revenue
60,000
Interest Income
10,000
Gain on sales of property
50,000
Depreciation Expense
20,000
Interest Expense
10,000
Salaries Expense
20,000
Income Tax Expense
30,000
Retained Earnings
60,000
Common Stock
30,000
Dividends
10,000
Total
$ 230,000
$ 230,000
38. How much is the amount of total assets?
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Beating The Finacial Futures Market 2023 Deluxe Edition Almanac
Authors: Art Collins
1st Edition
979-8375310534
