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George Oscar Bluth and Tobias Fnke are the two partners in GOBIAS Industries. On Jan. 1, 2017, GOBIAS Industries has $230,000 in assets and
George Oscar Bluth and Tobias Fnke are the two partners in GOBIAS Industries. On Jan. 1, 2017, GOBIAS Industries has $230,000 in assets and $121,000 in liabilities. On Dec. 31, 2017, GOBIAS Industries has $223,000 in non-cash assets and $164,000 in liabilities. GOBIAS Industries' owners' equity on Dec. 31, 2017 is $80,000. How much cash does GOBIAS Industries have on Dec. 31, 2017? (5 points)
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Principles Of Taxation For Business And Investment Planning 2016 Edition
Authors: Sally Jones, Shelley Rhoades Catanach
19th Edition
1259549259, 978-1259618536, 1259618536, 978-1259549250
