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Complete this question by entering your answers in the tabs below. Required A Required B Required C On January 1, Lumia Company's liabilities are $69,000
Complete this question by entering your answers in the tabs below. Required A Required B Required C On January 1, Lumia Company's liabilities are $69,000 and its equity is $49,000. On January 3, Lumia purchases and in solar panel assets costing $19,000. For the panels, Lumia pays $8,500 cash and promises to pay the remaining $10,50 months. What is the total of Lumia's assets after the solar panel purchase? Assets = Liabilities Equity January 1 118,000 = $ 69,000 + $ 49,000 Change January 3
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