Question
Gentex Unlimited, a new company, completed these transactions. 1. Stockholders invested $48,000 cash and inventory with a fair value of $33,000. 2. Sales on
Gentex Unlimited, a new company, completed these transactions. 1. Stockholders invested $48,000 cash and inventory with a fair value of $33,000. 2. Sales on account, $24,000. What will Gentex's total assets equal?
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
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