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content area top Part 1 BrownBrown's Catering began with cash of $ 14 comma 000$14,000. BrownBrown then bought supplies for $ 2 comma 300$2,300 on
content area top Part 1 BrownBrown's Catering began with cash of $ 14 comma 000$14,000. BrownBrown then bought supplies for $ 2 comma 300$2,300 on account. Separately, BrownBrown paid $ 4 comma 000$4,000 for equipment. Answer these questions. a. How much in total assets does BrownBrown have? b. How much in liabilities does BrownBrown owe? Question content area bottom Part 1 a. How much in total assets does BrownBrown have? Total assets = Investments, Inc., began by issuing common stock for cash of $ 190 comma 000$190,000. The company immediately purchased computer equipment on account for $ 46 comma 000$46,000. 1. The following T-accounts of SeventhSeventh Investments, Inc. have been opened for you: Cash, Computer Equipment, Accounts Payable, and Common Stock. Record the first two transactions of the business directly in the T-accounts without using a journal. 2. Show that total debits equal total credits. Question content area bottom Part 1 1. The following T-accounts of SeventhSeventh Investments, Inc. have been opened for you: Cash, Computer Equipment, Accounts Payable, and Common Stock. Record the first two transactions of the business directly in the T-accounts without using a journal. Cash Computer Equipment Accounts Payable Common Stock
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