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Cruising Delights Inc., has the following account balances prior to creating its Balance Sheet for its fiscal year end on April 30, 2022: Accounts
Cruising Delights Inc., has the following account balances prior to creating its Balance Sheet for its fiscal year end on April 30, 2022: Accounts Pavable $70,000 Cash $ 37,191 Equity ? (you will need to calculate this value) Accounts Receivable $90,000 Land $2,300,000 Machinery $580,000 Bank Loan $420,000 Unearned Revenue $250,000 Inventory $150,000 Calculate the value of Equity for Cruising Delights Inc. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
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