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Dr . Henry is the sole proprietor of an oncology practice. At the end of the year, he creates a balance sheet of his assets
Dr Henry is the sole proprietor of an oncology practice. At the end of the year, he creates a balance sheet of his assets and liabilities, which will be benecial to help him determine his net worth. Under which column would he place $ in owners equity?
Current asset
Noncurrent asset
Liabilities
Net worth
Question options:
Current asset
Net worth
Liabilities
Noncurrent asset
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